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Loncor Resources Inc.

10:45 AM EST - Loncor Resources Inc. : Has closed the balance of its non-brokered private placement financing, such balance involving the issue of 3,500,000 units of the Company at a price of $0.50 per Unit for gross proceeds of $1,750,000. This final tranche of the Financing, together with the Cdn$4,000,000 first tranche which was completed on February 3, results in total gross proceeds from the Financing of $5,750,000, an upsize of $750,000 from the Company’s original $5,000,000 Financing amount. Loncor Resources Inc. shares T.LN are trading up $0.01 at $0.63.