NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
June 1, 2009 — ATAC Resources Ltd. (TSX-V: ATC) announces a non-brokered private placement of 3,000,000 units at a price of $0.36 per unit, for proceeds of $1.08 million. Each unit will consist of one flow-through common share and one-half share purchase warrant, with each whole warrant to entitle the holder to purchase one additional flow-through common share at a price of $0.50 for a period of 2 years from closing. ATAC may pay finder’s fees in accordance with the TSX Venture Exchange policy in respect of a portion of the funds raised pursuant to this private placement.
The proceeds from this private placement, which is subject to regulatory acceptance, will be used to continue exploration on the ATAC’s mineral properties and for general working capital.
For additional information concerning ATAC Resources Ltd. or its various exploration projects please contact:
Graham Downs, CEO
ATAC Resources Ltd.
ATAC RESOURCES LTD.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results.