Return to index

DIOS EXPLORATION INC.
TSX-V : DOS                                                                        December 03, 2015

CLOSING OF $350,200 PRIVATE PLACEMENTS WITH 3 QUEBEC FINANCIAL INSTITUTIONS

MONTRÉAL, QUÉBEC, CANADADIOS EXPLORATION INC. completed today a $350,200 non-brokered private placement.

A total of 5,002,857 units at $0.07 per unit were subscribed by three Quebec Institutional Funds, each unit comprised of one Common Share of DIOS and a half-warrant; one whole warrant entitles its holder thereof to subscribe for one Common Share of DIOS   at $0.10 per share during a 24 month period. 

There will be a hold period of four months and one day on all securities issued under this financing.  The TSX Venture has conditionally approved the private placement.

The proceeds of the placement will be mainly used to pursue exploration drilling on HEBERTO GOLD drilling discovery reported this Fall.  Please refer to DIOS’ website for more information, core photos and results.  HEBERTO GOLD is road accessible, 12 km west of Eastmain1 power facilities, 50 km south of GOLDCORP’s gold mine, James Bay, QC.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information, please contact:
Marie-Jose Girard, M.Sc. Geo, 43-101 QP
President & CEO
mjgirard@diosexplo.com
Tel. :  (514) 923-9123
www.diosexplo.com