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ROUYN-NORANDA, QUEBEC--(Marketwired - Aug. 1, 2017) - Explor Resources Inc. (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) ("Explor" or the "Corporation") is pleased to announce that it has closed a first tranche of a non-brokered private placement of a maximum of 5,882,353 common shares and/or flow-through shares at a price of $0.085 each, for total gross proceeds of up to CDN $500,000. Each common and flow-through share is accompanied of one-half of a share purchase warrant, one whole warrant and $0.15 being required for the acquisition of one common share of the Corporation at the latest 24 months from each closing (the "Private Placement"). |
