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CALGARY, ALBERTA--(Marketwired - June 17, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI) (OTCBB:CSPUF) is pleased to announce that it is increasing, subject to TSX Venture Exchange approval, its previously announced non-brokered private placement offering from $500,000 to $640,000. The private placement is comprised of a combination of common shares of the Corporation issued on a flow-through basis pursuant to the Income Tax Act ("Flow-Through Shares") at a price of $0.10 per Flow-Through Share and units of the Corporation ("Units") at a price of $0.10 per Unit. The offering will close in two tranches, the first of which occurred on June 1, 2016, and the second of which is expected to close by the end of June 2016. |
