Jan. 3, 2018
Mr. Jeffrey Cocks reports
January 3, 2018 – Smooth Rock Ventures Corp. (“Smooth Rock” or the “Company”) (TSX.V: “SOCK”) is pleased to report it has closed its non-brokered private placement previously announced on December 15, 2017, for gross proceeds of $300,000.00.
The non-brokered private placement consisted of 4,285,714 units (the “Units”, and each a “Unit”) at a price of $0.07 per Unit for gross proceeds of $300,000 (the “Private Placement”).
Each Unit consists of one common share (the “Share”) and one Share purchase warrant (the “Warrant”), whereby each Warrant shall be exercisable into one common share of the Company at a price of $0.10 per common share for a period of 24 months following the date of issuance.
All securities issued above are subject to a hold period expiring on April 28, 2018, being four months and one day after closing of the private placement.
Proceeds of the private placement will be used for work on the Company’s mineral properties and for general working capital.
ON BEHALF OF THE BOARD
FOR FURTHER INFORMATION PLEASE CONTACT: Smooth Rock Ventures Corp.
(TEL)- (888) 909-5548, (FAX)-(888) 909-1033
Neither the 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.