Press Release
Corporate Presentation
Each unit will consist of one common share and one half non-transferable common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share in the capital of the Company at $0.12 per share for 36 months from the date of issue.
Proceeds from the Offering will be used to fund exploration, including follow-up drilling at the recently discovered zinc-lead zone near Carrickittle in Ireland, as well as, general and administrative purposes. The Offering is subject to regulatory approval and all securities to be issued pursuant to the financing are subject to a hold period under applicable Canadian securities legislation that expires four months and one day after the closing date of the Offering.
About Group Eleven Resources
Group Eleven Resources Corp. (TSX.V: ZNG; OTC: GRLVF and FRA: 3GE) is a mineral exploration company focused on advanced stage zinc exploration in the Republic of Ireland.
Additional information about the Company is available at www.groupelevenresources.com.
ON BEHALF OF THE BOARD OF DIRECTORS
“Bart Jaworski”
Bart Jaworski, P.Geo.
Chief Executive OfficerFor more information, please contact:
Shaun Heinrichs
Chief Financial Officer
E: s.heinrichs@groupelevenresources.com | T: +1 604 630 8839
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