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Loncor Closes Private Placement Financing

Feb 03, 2017 - Marketwired

TORONTO, ONTARIO--(Marketwired - Feb. 3, 2017) -

NOT FOR DISSEMINATION IN THE UNITED STATES

Loncor Resources Inc. (the "Company") (TSX:LN) is pleased to announce that, further to its January 24, 2017 press release, it has closed a non-brokered private placement of 4,000,000 units of the Company (the "Units") at a price of Cdn$0.12 per Unit for gross proceeds of Cdn$480,000. Each Unit is comprised of one common share of the Company and one-half of one warrant of the Comp...