Asher Announces $2.5 Million Subscription Receipt Private Placement Offering Increased to $2.75 Million

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May 14 2016	Asher Announces $2.5 Million Subscription Receipt Private Placement Offering Increased to $2.75 Million
TORONTO, ONTARIO--(Marketwired - May 13, 2016) - Asher Resources Corporation (the "Company") (TSX VENTURE:ACN) announces that, further to its press release dated April 11, 2016 previously announcing a best efforts brokered private placement financing (the "Offering"), the Company is increasing the Offering to up to 19,642,857 subscription receipts of the Company (the "Subscription Receipts") at a price of $0.14 per Subscription Receipt for gross proceeds of up to $2,750,000.


Source:http://www.marketwired.com/mw/release.do?id=2124875&sourceType=3

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