|May 07, 2018|
Playfair Mining Closes Private Placement
|Playfair Mining is pleased to announce that it has closed the non-brokered private placement announced on March 19, 2018. The Company has issued 10 million shares at $0.05 per share for gross proceeds of $500,000. Finder's fees of 32,000 shares and $1,250 cash were paid in connection with this placement. All securities issued are subject to a hold period expiring four months and one day from the date of issuance.|
The proceeds will be used for further exploration, including drilling, of its Ox Mountain project in the Republic of Ireland, and for general working capital purposes.
Visit our website at www.playfairmining.com for more information on Playfair's properties.
ON BEHALF OF THE BOARD
"D. Neil Briggs"
D. Neil Briggs, Director