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First Point Minerals Corp.

09:49 AM EST - First Point Minerals Corp. : reported that it has closed its previously announced non-brokered private placement for gross proceeds of $1,583,790. In closing the financing, the Company has issued 9,316,406 Units priced at $0.17 per Unit. Each Unit consists of one common share of the Company and one-half share purchase warrant, where each whole warrant will entitle the holder to purchase one additional share of the Company at a price of $0.25 per share for a period of 36 months from the closing of the offering. First Point Minerals Corp.
shares T.FPX are trading unchanged at $0.16.