Eureka Resources, Inc. ("Eureka" or the "Company") is pleased to announce that the Company has closed its previously announced brokered private placement offering of subscription receipts (each, a "Subscription Receipt") pursuant to which the Company issued an aggregate of 39,000,000 Subscription Receipts at a price of $0.05 per Subscription Receipt for gross proceeds of $1,950,000 (the "Offering"), which, when combined with funds advanced to the Company by Kore Mining Inc. ("Kore"), will result in an aggregate of $2,200,000 being available to the Company upon completion of the previously announced reverse takeover of the Company by Kore (the "Transaction"), as further described below. PI Financial Corp. (the "Agent") acted as agent for the Offering.Read full news