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Bathurst Metals Corp.

09:42 AM EST - Bathurst Metals Corp. : Announced the terms of a non-brokered private placement whereby the Company plans to raise approximately $200,000.00 through the issuance of 1,600,000 units with a subscription price of $0.125per unit. Each Unit consists of one flow-through common share and one Share purchase warrant to purchase one additional non flow-through Share exercisable at a price of $0.25 per Warrant Share for a period of two years from the date of issue of the Units. Bathurst Metals Corp. shares V.BMV are trading unchanged at $0.10.