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Anconia Announces Third Closing of Private Placement

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TORONTO, ONTARIO--(Marketwired - Aug. 8, 2016) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Anconia Resources Corp. (TSX VENTURE:ARA) ("Anconia") is pleased to announce that it is has closed the third and final tranche of its previously announced non-brokered private placement offering (the "Offering"). Anconia issued 1,250,000 units ("Units") at a price per unit of $0.05 for gross proceeds of $62,500. Each Unit consists of one common share of Anconia and one common share purchase warrant (a "Unit Warrant"). Each Unit Warrant entitles the holder to...

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