Timberline Resources Closes Oversubscribed Private Placement Financing

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Apr 12, 2019
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COEUR D'ALENE, ID / ACCESSWIRE / December 13, 2018 / Timberline Resources Corporation (OTCQB: TLRS; TSX-V: TBR) (''Timberline'' or the ''Company'') announced that it has received final approval from the TSX Venture Exchange for its private placement and has closed its previously announced non-brokered private placement (the ''Offering''). The Offering, which was initially announced on October 23, 2018, consists of up to 6,250,000 units (the ''Units'') at a price of US$0.08 per Unit for a total of US$500,000, with an over-allotment option to increase the Offering by up to 20%.