Ridgestone Mining Inc. Announces Proposed Financing

Ridgestone_12032019

Vancouver, British Columbia–(Newsfile Corp. – March 12, 2019) – Ridgestone Mining Inc. (TSXV: RMI) (OTCQB: RIGMF) (“Ridgestone Mining”) is pleased to announce that it intends to complete a non-brokered private placement financing for gross proceeds of up to $1,120,000 (the “Financing”), which is expected to consist of units (each, a “Unit”), with each Unit comprised of one common share and one-half of one common share purchase warrant (each whole warrant, a “Warrant”) at a price of
$0.14 per Unit, or such other price per unit determined by Ridgestone Mining management in compliance with TSX Venture Exchange (the “Exchange”) pricing regulations. Each Warrant will be exercisable for one additional common share of
Ridgestone Mining at a price of $0.25 per share for a period of eighteen months following the closing of the Financing

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