RADISSON CLOSES FIRST TRANCHE OF $ 2 M PRIVATE PLACEMENT (Radisson Mining Resources Inc)

(Source: Radisson Mining Resources Inc) TSXV: RDS For immediate release Press release No. 9, 2016 RADISSON CLOSES FIRST TRANCHE OF $ 2 M PRIVATE PLACEMENT Rouyn-Noranda, Quebec, August 11, 2016: Radisson Mining Resources Inc. (TSXV: RDS) ("Radisson") is pleased to announce that it has closed a first tranche of $ 1 million for a private placement for up to $ 2 million. The private placement will involve the issuance of 5,000,000 flow-through shares at a price of $ 0.20 for gross proceeds of $1,000,000 and the issuance of 6,666,667 hard units ("Unit") at a price of $0.15 per unit for gross proceeds of $1,000,000.05. Each Unit consists of one class A share of the share...