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Arbitrage Exploration Inc. (Formerly Blue Vista Technologies Inc.) Proposes Private Placement Financing of $500,000

TORONTO, ONTARIO, Feb 12, 2015 (Marketwired via COMTEX) — Arbitrage Exploration Inc. (BV.H) (the “Company”) announces that it plans to complete a private placement financing (the “Offering”) for proceeds of up to $500,000 by issuing units (“Units”) of the Company at a price of $0.10 per Unit and flow-through units (“FT Units”) at a price of $0.12 per FT Unit.

Each Unit will be comprised of one common share (a “Common Share”) in the capital of the Company and one common share purchase warrant (a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one Common Share at a price of $0.12 per Common Share for a period of 60 months from the closing of the Offering. Each FT Unit will be comprised of one Common Share to be issued on a “flow-through” basis and one common share purchase warrant (a “FT Warrant”). Each FT Warrant shall entitle the holder to acquire one Common Share at a price of $0.15 per Common Share for a period of 24 months from the closing of the Offering.

Proceeds of the Offering will be used for general operating expenses and incurring Canada exploration expenditures (within the meaning of the Income Tax Act (Canada)).

The closing of the Offering is expected to occur on or about February 20, 2015 and is subject to the completion of formal documentation and receipt of regulatory approval, including the approval of the NEX. The Company has received conditional approval to list the Common Shares on the Canadian Securities Exchange, subject to completion of the Offering and the satisfaction of standard listing conditions.

For more information please contact:

Arbitrage Exploration Inc.
Judy Baker
President

(416) 786-7860


NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATIONS SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Forward-looking Information Cautionary Statement

Except for statements of historic fact, this news release contains certain “forward-looking information” within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements that certain events or conditions “may” or “will” occur.   Forward-looking statements are based on the opinions and estimates at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE.   There are uncertainties inherent in forward-looking information, including factors beyond the Company’s control.   The Company undertakes no obligation to update forward-looking information if circumstances or management’s estimates or opinions should change except as required by law.   The reader is cautioned not to place undue reliance on forward-looking statements.   Additional information identifying risks and uncertainties that could affect financial results is contained in the Company’s filings with Canadian securities regulators, which filings are available at www.sedar.com.

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