Vancouver, British Columbia – The Company is pleased to announce that it is conducting a private placement of up to 4.5 Million Units at a price of C$0.36 per Unit for proceeds of C$1.62 Million. Each Unit consists of one common share and one common-share purchase warrant. Each warrant entitles the holder to purchase one common share at the exercise price of C$0.60 for a period of two years.
The proceeds will be used for general corporate purposes and working capital. The private placement is subject to regulatory approval.
ON BEHALF OF THE BOARD OF DIRECTORS
OF JIULIAN RESOURCES INC.
Xiaolin (Charlie) Cheng
Director and CEO
For more information, please contact:
Charlie Cheng at 604 939-0948 or via email at firstname.lastname@example.org.
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