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CALGARY, ALBERTA--(Marketwired - May 18, 2016) - Canadian Spirit Resources Inc. ("CSRI" or the "Corporation") (TSX VENTURE:SPI)(OTCBB:CSPUF) announces that it is proposing to undertake, subject to TSX Venture Exchange approval, a non-brokered private placement offering of up to $500,000 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 is expected to close in two tranches, the first on or about May 31, 2016, and the second by the end of June 2016. |
