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Westridge Increases Financing
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Vancouver, B.C. / TheNewswire / January 31, 2017 – WESTRIDGE RESOURCES INC.
(“Westridge” or the “Company”) is pleased to announce that due to strong investor demand, the Company has increased its previously announced non-brokered private placement of Units from $250,000.00 in aggregate gross proceeds to $350,000.00 in aggregate gross proceeds (the "Offering"). All other terms and conditions of the Offering remain unchanged from the Company's initial announcement on January 19, 2017.
The Offering is expected to close on or about February 3, 2017. Closing of the Offering is subject to receipt of regulatory approvals, including the acceptance of the Offering by the TSX Venture Exchange. The Units issued pursuant to the Offering will be subject to a four-month hold period under applicable securities laws in Canada.
The Company may pay a finder's fee of up to 10% cash commission and 10% broker warrants to certain parties with respect to services provided in connection with the Offering.
For further information on Westridge Resources Inc. at (604) 565-5500.
ON BEHALF OF THE BOARD
“Michael Young”
Michael Young
President & CEO
Neither TSX Venture Exchange nor its Regulations 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.