MinKap Announces Appointment of New Director and Closing of Second Tranche of Private Placement

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Oct 11, 2019
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TORONTO, ON / ACCESSWIRE / October 11, 2019 / MinKap Resources Inc. (the"Company"or"KAP"), announces that further to its news releases of August 8, 2019, and September 19, 2019, the Company has closed the second and final tranche of its private placement through the issuance of an additional 2,000,000 units ("Units") of the Company at a price of $0.05 per Unit for aggregate proceeds of $100,000. The Company has issued an aggregate of 7,000,000 Units for gross proceeds of $350,000 (the "Offering") with respect to both the first and second tranche of the Offering.