Goldrea Resources announces $500K private placement

News Release

Goldrea Announces Non-Brokered Private Placement of $0.20 Units

February 13, 2018 – Vancouver, British Columbia CSE:GOR, Frankfurt:GOJ, Pink Sheets:GORAF

Goldrea Resources Corp. (“Goldrea” or the “Company”) will be conducting a non-brokered private placement of 2,500,000 units at $0.20 each, for gross proceeds of up to $500,000. Each unit will be comprised of one common share and one common share purchase warrant with an exercise price of $0.30 for a period of one year. The gross proceeds will be used for general administration expenses, for possible further advancement of currently held properties and for acquisition or related costs of future projects. All securities issued under the private placement will be subject to a four month hold. A finder’s fee may be paid in connection with the financing.

For more information, please contact:
James Elbert, President and CEO
Telephone: (604) 559-7230

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This news release may contain “forward-looking statements”, which are statements about the future based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements by their nature involve risks and uncertainties, and there can be no assurance that such statements will prove to be accurate or true. Investors should not place undue reliance on forward-looking statements. The Company does not undertake any obligation to update forward-looking statements except as required by law.

photo credit: Goldrea Resources

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