|By Marketwired .||
|September 27, 2013 06:05 AM EDT||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/27/13 -- Shamrock Enterprises Inc. (CNSX:SRS) (the "Company") announces that it intends to carry out a private placement of 5,000,000 Units at $0.05 per Unit for gross proceeds of up to $250,000. Each Unit consists of one common share without par value in the capital of the Issuer and one common share purchase warrant of the Issuer. Each Warrant shall entitle the holder to acquire one common share of the Issuer for a period of two years from the date of issuance of the Warrant with an exercise price of $0.10 per share in the first year, and an exercise price of $0.14 per share in the second year. The Company may pay a finder's fee to authorized persons.
Proceeds from the financing will be used to complete an interactive 3D Interpretation and model of the Fireweed property, compilation of all previous available data and to conduct a site visit to re-inspect the old core and an examination of the property in preparation for the Phase III Drill Program.
About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of silver and other precious metal properties in North America. The Company's common shares are listed and posted for trading on the Canadian National Stock Exchange ("CNSX") under the symbol "SRS".
On behalf of the Board,
Gordon Osinchuk, President
Neither the Canadian National Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Shamrock Enterprises Inc.
Gordon R. Osinchuk, Chief Executive Officer