Ressources minieres Pro-Or Inc.: Private Placement of $800 000

Ressources minieres Pro-Or Inc.: Private Placement of $800 000 
MONTREAL, QUEBEC -- (Marketwire) -- 02/22/13 -- Ressources Minieres
Pro-Or Inc. (POI) (TSX VENTURE:POI) announce that it is currently
completing a private placement for up to $800 000. This private
placement will be completed with "Accredited Investors" and is being
offered in units of $5,000 as follows: 


 
--  50,000 Class "A" shares at a price of $0.10 per share and; 
--  50,000 warrants to purchase Class (A) shares of the Company at $0.15 for
    a 12 month period. The warrants will be subject to an Accelerator Clause
    by which the warrant expiry date can be shortened at the discretion of
    the Corporation if the share price closes on the Exchange at $0.25 or
    more for a period of more than twenty (20) consecutive trading days. In
    such case, the new expiry date will become the thirtieth day following a
    formal written notification by the Corporation. This notice cannot be
    issued during the first four (4) month following the closing of this
    placement which corresponds to the regulatory hold period that affects
    all Private Placements.

 
The Private Placement proceeds will be used productions purposes at
St-Augustin plant, for related activities, and for the working
capital of the Corporation. 
Shares issued pursuant to the offering will be subject to a
four-month hold period. 
No finders' fee will be payable on the transaction, which is subject
to regulatory approval. 
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release. 
Contacts:
Sylvain Boulanger, President
g.m.st.jacques@gmail.com
(514) 849-7336
(514) 849-9260 (FAX)
www.pro-or.com 
Renelle Roy, Executive-secretary
renelle@pro-or.com
(514)-849-7336
(514)-849-9260 (FAX)
 
 
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