Further to a Price Reservation filed with the TSX Venture Exchange on February 5, 2014, Playfair is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 common shares at the price of $0.075 per share to raise gross proceeds of up to $375,000. Closing is subject to acceptance by the TSX Venture Exchange.
Proceeds will be used for Phase 1 exploration on the Company’s Ox Mountain project in Sligo County, Ireland; and for general working capital purposes.
All shares issued will be subject to a 4 month hold period from the date of issuance in accordance with applicable securities laws. Finder’s fees may be payable in connection with the placement.
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
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.