Pacific Booker Minerals Closes $555,600 Private Placement

Pacific Booker Minerals Inc. (TSXV:BKM,AMEX:PBM) announced today it has completed 277,800 units of the non-brokered private placement originally announced on June 11, 2015, and amended on July 24, 2015.
As quoted in the press release:

The private placement units consist of one share at a purchase price of $2 per share and one warrant to purchase an additional one-half of one share at a price of $2.50 per share, exercisable any time prior to 5 p.m. (Vancouver time) on Sept. 21, 2017. The shares shall not be traded before Jan. 21, 2016. Proceeds from this private placement total $555,600, which will be used for general working capital.
The private placement had not been completed when the trading price of the shares dropped below $5. To complete the placement and ensure that the company would have operating funds during the next phase, the private placement price was amended to near the market price and the number of units was amended to ensure sufficient working capital for the company to continue in operation. A total of 17 placees participated. No insiders participated in the private placement. No finder’s fee or commission was payable for this private placement.

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