VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 4, 2014) - eShippers Management Ltd. ("eShippers" or the "Company") (TSX VENTURE:EPX.H) announces a non-brokered private placement consisting of up to 2,000,000 units at a price of $0.05 per unit. Each unit is comprised of one common share and one warrant. Each warrant will entitle the holder to purchase an additional common share of the Company at $0.10 for two years from closing. Proceeds from the private placement will be used for exploration and general corporate purposes.
The units and underlying securities will be subject to a four-month hold period from the date of issuance in accordance with applicable securities laws. The offering is subject to certain conditions, including the approval of the TSX Venture Exchange.
Neither the NEX nor the Regulation 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.
Contact Information:
Brian Tingle
President
(604) 639-4460
btingle@intrepidfinancial.ca