Anglo-Bomarc Mines Ltd. (TSXV:ANB) announced a non-brokered private placement minimum of 20,000,000 units and maximum of 40,000,000 units at CAD 0.05 per unit for gross proceeds of minimum of CAD 1,000,000 and maximum of CAD 2,000,000 on March 27, 2015. Each unit will comprise of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at CAD 0.05 per share for a period of five years.

The securities to be issued are subject to a hold period of four months. The transaction is subject to the approval of the TSX Venture Exchange.