Lorraine Copper


Lorraine Copper Announces Private Placement

News Releases

May 11, 2016
Lorraine Copper Announces Private Placement

Vancouver, BC, May 11, 2016 – Lorraine Copper Corp. (the “Company”) (TSX-V: LLC)is currently negotiating a private placement agreement, subject to regulatory approval, for the sale of up to 2,000,000 units at a price of $0.05 per unit (each unit comprising one flow-through common shares and one warrant for the purchase of one additional non-flow-through common share at a price of $0.05 per share for a term of five years from the date of closing of the private placement).

Maximum gross proceeds of the offering will be $100,000.

The Company may pay a commission of up to 150,000 common shares on behalf of the placement.

The proceeds of the offering shall be applied to exploration costs for the OK property interest recently acquired from Eastfield Resources Ltd. or other projects which the Company is currently negotiating to acquire.

This offering is subject to approval of the TSX Venture Exchange.

On behalf of the board of directors of the Company;

Donald D. Sharp

Donald D. Sharp, CA-CPA
Director & CFO

Lorraine Copper Corp.

About Lorraine Copper

Lorraine Copper holds a 49% interest in the large Lorraine property in a joint venture with Teck Resources Limited. Lorraine Copper recently announced a purchase agreement for the Okeover (OK) copper-molybdenum project. For more information please visit the Company’s website at www.lorrainecopper.com.

Paul Way, Business Development Manager
(604) 681-7913 or
Toll Free: (888) 656-6611

The TSX – Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.