News

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Cipher Resources Raises C$4.17 Million in Non-Brokered Private Placement

Not for Distribution in the United States or dissemination through a U.S. newswire service

June 14, 2018 – Vancouver, BC – Cipher Resources Inc. (the “Company”) (TSX-V: CIFR) is pleased to announce that it has closed its non-brokered private placement offering (the “Offering”) of 41,779,000 units of the Company (each, a “Unit”) at a price of $0.10 per Unit for gross proceeds of $4,177,900.

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Cipher Announces Extended and Increased Non-Brokered Private Placement for C$4.17 Million

 Not for Distribution in the United States or dissemination through a U.S. newswire service

June 1, 2018 – Vancouver, BC – Cipher Resources Inc. (the “Company”) (TSX-V: CIFR) is pleased to announce, further to its press releases dated January 29, 2018, and May 11, 2018, that it has extended the duration and increased the size of its previously-announced non-brokered private placement offering (the “Offering”).

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Cipher Closes First Tranche of its Non-Brokered Private Placement for C$2.16 Million

Not for Distribution in the United States or dissemination through a U.S. newswire service

May 11, 2018 – Vancouver, BC – Cipher Resources Inc. (the “Company”) (TSX-V: CIFR) is pleased to announce, further to its press release dated January 29, 2018, it has closed the first tranche (the “First Tranche”) of its previously-announced non-brokered private placement offering (the “Offering”). The Company issued an aggregate of 21,587,000 units (the “Units”) at a price of $0.10 per Unit for gross proceeds of $2,158,700.

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Cipher arranges $3.5 Million Private Placement

Vancouver British Columbia – Cipher Resources Inc. (the “Company” or “Cipher”) is pleased to announce it has engaged Endeavor Financial Limited (Cayman) (“Endeavour” or “Endeavour Financial”) to assist the Company with its ongoing financing and business development plans, including a non-brokered private placement, through the issuance of up to 35,000,000 units of the Company (the “Units“) at a price of CAD$0.10 per Unit, for total gross proceeds of CAD$3,500,000 (the “Offering“).

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Director Resigns

Vancouver British Columbia – Cipher Resources Inc. (the “Company” or “Cipher”) reports that Kenneth De Graaf has resigned his position as a director of the Company. The Company would like to thank Mr. DeGraaf for his past efforts.

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Cipher Resources announces $8.1 Million Private Placement

Vancouver British Columbia – Cipher Resources Inc. (the “Company” or “Cipher”) is pleased to announce it has engaged RAMPartners S.A. to assist the Company with its ongoing financing plans, including a non-brokered private placement to raise up to $8,100,000 through the issuance of up to 27,000,000 common shares at a price of $0.30 per share.

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Dorex Minerals Inc. Announces Effective Date of Name Change and New Trading Symbol

Vancouver British Columbia – Dorex Minerals Inc. TSX-V:DOX (the “Company”) is pleased to announce that further to its news release dated August 18, 2017, the Company’s name change to Cipher Resources Inc. will be effective at the market open on Monday, September 18, 2017. The Company’s ticker symbol will change to CIFR and the new CUSIP number will be 17254T103.

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