Cache Exploration Modifies Private Placement

V.CAY, Cache Exploration, gold, Nunavut, Jack Bal

Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) wishes to announce that it has modified its non-brokered private placement (the “Private Placement”) previously announced on September 18, 2017. The Company will sell up to 9,000,000 Units for gross proceeds of up to $720,000 (the “Offering”) at a price of $0.08 per unit (the “Units”). Each Unit consists of one common share (a “Unit Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one full additional common share (a “Warrant Share”) at an exercise price of $0.10 per Warrant Share. The Warrant Share is exercisable for the first two years from the date of issue of the Warrant. Finder’s fees of 8% cash and 8% finder warrants may be payable in connection with this transaction. read more