Pacific Topaz announces closing of non-brokered private placement

Pacific Topaz announces closing of non-brokered private placement 
TSX-V: PPZ.H 
VANCOUVER, June 6, 2014 /CNW/ - Pacific Topaz Resources Ltd. (TSXV:  PPZ.H) 
("Pacific Topaz" or the "Company") announces that further to its news release 
dated May 5, 2014, it has closed its non-brokered private placement of 
4,000,000 units at a price of $0.07 per unit for gross proceeds of $280,000. 
Each unit consists of one common share and one full common share purchase 
warrant.  Each whole common share purchase warrant is exercisable at $0.10 per 
common share until June 4, 2015. 
The securities issued in connection with this private placement are subject to 
a four month statutory hold period expiring on October 5, 2014 
Proceeds will be used for general working capital and for continuing to 
research opportunities in the natural resources sector. 
The Company also announces that pursuant to the private placement, Radcliffe 
Corporation, a company owned and controlled by Frank Giustra, acquired 790,000 
units at a price of $0.07/unit which consists of 790,000 common shares, 
representing 7.10% of the issued and outstanding common shares and 790,000 
warrants representing 16.69% of the issued and outstanding warrants of the 
Company. 
As a result of the acquisition of securities described above, Radcliffe 
Foundation, a charitable organization controlled by Frank Giustra, and 
Radcliffe Corporation hold in aggregate, 1,590,000 common shares of the 
Issuer, representing 14.30% of the current issued and outstanding shares of 
the Issuer and would own 2,380,000 common shares, representing 19.98% on a 
partially diluted basis, assuming exercise of the 790,000 warrants held by 
Radcliffe Corporation. 
The Company has also been advised that pursuant to the private placement, 
Gordon Keep acquired 400,000 units at a price of $0.07/unit which consists of 
400,000 common shares, representing 3.60% of the issued and outstanding common 
shares of the Issuer and 400,000 warrants representing 8.45% of the issued and 
outstanding warrants of the Issuer. Mr. Keep has ownership and control over 
these securities. 
As a result of the acquisition of securities described above, Gordon Keep, GBK 
Investments (a corporation beneficially owned and controlled by Mr. Keep), The 
Keep Children (holdings, which Mr. Keep has trading authority and direction 
over but not beneficial ownership) and The Kinder Dream Foundation (a 
charitable Foundation that Mr. Keep  has control and direction over but not 
ownership) ("Related Entities") hold in aggregate 859,816 shares, representing 
7.73% of the current issued and outstanding shares of the Company, and would 
own 1,832,554 common shares, representing 15.15% of the then-issued and 
outstanding shares of Pacific Topaz on a partially diluted basis, assuming 
exercise of the 110,000 options and 862,738 warrants held by the Related 
Entities mentioned above. 
The Company has been advised that Radcliffe Foundation and Radcliffe 
Corporation as well as Gordon Keep and his Related Entities acquired these 
securities for investment purposes and has no present intention to acquire 
further securities of the Company, although they may in the future acquire or 
dispose of securities of the Company, through the market, privately or 
otherwise, as circumstances or market conditions warrant 
ON BEHALF OF THE BOARD OF DIRECTORS  OF PACIFIC TOPAZ RESOURCES LTD. 
"Michael Kennedy" President & CEO 
Neither TSX Venture Exchange nor its 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.
 

SOURCE  Pacific Topaz Resources Ltd. 
Michael Kennedy, President & CEO, Tel:  (604) 609-6110 
To view this news release in HTML formatting, please use the following URL: 
http://www.newswire.ca/en/releases/archive/June2014/06/c3636.html 
CO: Pacific Topaz Resources Ltd.
ST: British Columbia
NI: MNG  
-0- Jun/06/2014 20:44 GMT
 
 
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