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TORONTO, ONTARIO--(Marketwired - Feb. 21, 2014) - Excalibur Resources Ltd. (CNSX:XBR)(OTCQX:EXCFF)(FRANKFURT:X9CN) ("Excalibur" or the "Company') announces that it has arranged a non-brokered private placement of 2,500,000 Units at $0.12 per Unit for a total of $300,000. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire an additional common share at $0.15 per share for a period of two years. Proceeds will be applied to working capital, corporate development and to the Company's Catanava gold and silver production project in Mexico. |
