Kerr Mines Inc.

0.125

Canada & Ontario Toronto

365 Bay Street, Suite 400

+1 416 855-9300

kerrmines.com

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Company Press Releases

Kerr Mines Closes Oversubscribed Private Placement and Convertible Note Financing From Sprott Lending

TORONTO, Nov. 28, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) announces that it has closed a non-brokered private placement raising gross proceeds of $2,973,517 (the “Offering”). The Offering, previously announced on November 9, 2018, targeted proceeds of $2.5 million, which was oversubscribed. Furthermore, the Company has closed the US$2 million (CDN $2.7 million) senior secured convertible note financing with Sprott Private Resource Lending (Collector) LP previously announced on November 6,...

Kerr Mines Announces $2.5 Million Private Placement

TORONTO, Nov. 09, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) announces that it intends to complete a private placement offering of approximately 17,857,143 units of the Company at a price of $0.14 for gross proceeds of $2.5 million (the "Offering"). The Company will use the net proceeds from the Offering along with the funding from the financing facility provided by Sprott Resource Lending, see Press Release November 6, 2018, to fund the resource expansion, engineering and development at the Copp...

Kerr Mines announces Project Financing with Sprott Private Resource Lending

TORONTO, Nov. 06, 2018 (GLOBE NEWSWIRE) -- Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce it has received investment committee approval from and executed a term sheet with Sprott Private Resource Lending (Collector) LP (“Sprott”), setting out the indicative terms upon which Sprott is prepared, subject to certain conditions including satisfactory due diligence, to provide up to US$25 million of senior secured project financing (the “Financing Package”) to fund the development and produ...

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