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Armadillo Resources arranges $150,000 private placement

Jun 27, 2013

Armadillo Resources Ltd. has arranged a non-brokered private placement is being arranged for $150,000, subject to regulatory approval. The offering consists of three million units at five cents per unit. Each unit consists of one common share and 60 per cent of one share purchase warrant. Each full warrant entitles the holder to purchase one additional share at an exercise price of five cents per share for a period of one year. This press release does not constitute an offer to sell, or does it solicit an offer to buy in any jurisdiction. Proceeds from the private placement will be used for corporate activities.

There will be a 10-per-cent finder’s fee applied to this private placement, payable in stock.

We seek Safe Harbor.

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