Squire Mining Closes Private Placement

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES


VANCOUVER, British Columbia, Sept. 08, 2017 (GLOBE NEWSWIRE) -- Squire Mining Ltd. (the “Company” or “Squire Mining”) (CSE:SQR) announces that it has now closed the non-brokered private placement announced on July 26, 2017.  A total of 6,366,666 units have been sold at a price of $0.06 per unit, to raise an aggregate of $382,000.  Each unit consists of one common share and one transferable share purchase warrant to purchase an additional common share at a price of $0.08 for a period of two years from the date of issuance (the “Units”).  The finder’s fee consists of the issuance of 402,500 units.

Neither the Canadian Securities Exchange nor its Regulation Services Providers accepts responsibility for the adequacy or accuracy of this release.

THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL SECURITIES AND THE COMPANY IS NOT SOLICITING AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

For further information contact:                      Kevin R. Hanson, Chief Financial Officer
                                                                        Telephone: (604) 929-0900