Monthly Archives: September 2014

VISCOUNT MINING ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Vancouver, BC-–Viscount Mining Corp. (TSX VENTURE: VML) (“Viscount” or the “Company”) is pleased to announce that it intends to carry out, subject to approval from the TSX Venture Exchange (the “Exchange“), a non-brokered private placement of units at a price of $0.20 per unit, for gross proceeds of up to $2,000,000 (the “Private Placement“). Each unit will consist of one common share of Viscount and one common share purchase warrant (each, a “Warrant“), with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.30 per share for a period of 36 months.

A Finder’s fee of cash and/or warrants may become payable in connection with this private placement.

Net proceeds from the financing will be used to for working capital and to advance the Company’s mineral properties.

About Viscount Mining (TSX-V: VML)
Viscount Mining is an exploration company with a portfolio of properties in the Western United States including holdings in Nevada comprising more than 8600 acres, all 100% owned, including more than 20 past producing silver and gold mines. For additional information regarding the above noted property and other corporate information, please visit the Company’s website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS
Jim MacKenzie,                                                                                   
President, CEO and Director                                                           
Viscount Mining Corp.                                                                       
Phone: 604-960-0535
For further information, please contact:
Viscount Investor Relations
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This press release contains forward-looking statements or information (collectively referred to herein as “forward-looking statements”) relating to the closing of the Private PlacementSuch statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements and are not guarantees of future performance of the Company.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) a downturn in general economic and business conditions in North
America and internationally, (2) the inherent uncertainties and speculative nature associated with mineral exploration, development and production, (3) the price of and demand for minerals and their effect on the economics of mineral exploration, (4) any number of events or causes which may delay or cease exploration and development of the Company’s property interests, such as environmental liabilities, weather, mechanical failures, safety concerns and labour problems, (5) the risk that the Company does not execute its business plan, (6) inability to retain key employees, (7) inability to finance operations and growth, (8) the Silver Cliff Property option agreement may not be completed for a number of reasons including possible failure to receive the approval of the TSX Venture Exchange, and (9) other factors beyond the Company’s control. Should one or more of these risks or uncertainties materialize, or should any of the Company’s assumptions prove incorrect, actual results may vary in material respects from those projected in the forward-looking statements. Readers are cautioned that the foregoing list of risks, uncertainties and other factors is not exhaustive. Unpredictable or unknown factors not discussed could also have material adverse effects on forward-looking statements. The impact of any one factor on a particular forward-looking statement is not determinable with certainty as such factors are dependent on other factors, and the Company’s course of action would depend on its assessment of the future considering all information then available. All forward-looking statements in this press release are expressly qualified in their entirety by these cautionary statements. Except as required by law, the Company assumes no obligation to update forward-looking statements should circumstances or management’s estimates or opinions change.

VISCOUNT MINING ADDS ADDITIONAL STRATEGIC CLAIMS AT CHERRY CREEK

VANCOUVER, Canada – Viscount Mining Corp. (TSX VENTURE: VML) (“Viscount” or “the Company”), a mineral resource exploration company with exploration properties in Nevada and Colorado is pleased to announce they have added 155 claims in strategic areas east and west of the main Cherry Creek claim block. This is in addition to the 139 claims added as per the press release on July 17, 2014.

Mr. Jim MacKenzie, CEO of Viscount, noted “Based on our summer work program we have significantly added to enhance and protect targeted areas currently being evaluated. These claims may contain further silver-gold base metal veins similar to those mined by the larger past producers at Cherry Creek. Viscount continues to conduct extensive mapping and sampling to locate target areas requiring further exploration with diamond and reverse circulation drilling.”

Technical information in this news release has been approved by Dallas W. Davis, PEng, FEC, an independent consulting geologist and a qualified person as defined in NI 43-101.
The Company is pleased to announce the results of its annual meeting of shareholders (“AGM”) held August 22, 2014 in Vancouver BC.

All the nominee directors listed in the Viscount AGM information circular were elected as directors. The number of Directors is now set at 6 from 7 in in the past year, with the Directors for the ensuing year being: Jim MacKenzie, William Macdonald, Kaare Foy, Andrew Gertler, Matthew J. Hughes, and Andrew McCreath.

At the AGM, shareholders also voted in favor of:
Appointing James Stafford, Chartered Accountants as the auditors for the ensuing year and authorizing the directors to fix their remuneration; and approved the Company’s 10% rolling stock option plan.

About Viscount Mining (TSX-V: VML)
Viscount Mining is an exploration company with a portfolio of properties in the Western United States including holdings in Nevada comprising more than 8600 acres, all 100% owned, including more than 20 past producing silver and gold mines. For additional information regarding the above noted property and other corporate information, please visit the Company’s website at www.viscountmining.com
ON BEHALF OF THE BOARD OF DIRECTORS                   
Jim MacKenzie,  
President, CEO and Director                                                                                        
For further information, please contact:
Viscount Investor Relations
Phone: 604-960-0535                                                                                                                                  
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to that the program by SCOA will consist of field sampling and reconnaissance that will advance the Property. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements are made as of the date of this news release and, except as required by law, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.