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VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 21, 2016) - Irving Resources Inc. (CSE:IRV) ("Irving" or the "Company") is pleased to announce that it has closed a non-brokered private placement raising gross proceeds of $816,200 by the issuance of 5,830,000 units (the "Units") at a price of $0.14 per Unit (the "Private Placement"). Each Unit is comprised of one common share of the Company and one share purchase warrant (the "Warrants"). Each Warrant is exercisable for one common share of the Company at a price of $0.20 per share for a period of two years from the date of issue. The applicable hold period expires on October 22, 2016. |
