|October 13, 2017|
Resinco Capital Partners Inc. Increases Planned Private Placement
|Vancouver, BC -- Resinco Capital Partners Inc. (the "Company" or "Resinco") announces that further to its announcement on August 10, 2017, and September 25, 2017, Resinco now plans to increase the size of the post-consolidation private placement of Units to raise up to $1,600,000 an increase from $1,400,000 announced on September 25, 2017. The terms of Unit are not changed and one Unit comprises one common share and one-half one share purchase warrant (a "Warrant"). Each whole Warrant will be exercisable to purchase one common share at an exercise price of $0.15 for a term of two years. The private placement is conditional on receipt of regulatory approval and completion of the share consolidation and will close immediately after the consolidation.
The consolidation and private placement are now scheduled to close on October 20, 2017.
About Resinco Capital Partners Inc.
Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.
For more information on Resinco, please visit www.resincocp.com.
For more information, please contact