Dear Investor,
Please find attached the Alhambra Resources Ltd.
(ALH TSX Venture) news
release which was distributed earlier today titled, Alhambra Announces
Closing of GRIT Financing.
CALGARY, Alberta Further to Alhambra Resources Ltd.s (TSX-V: ALH)
(Alhambra or the Corporation) news releases of November 12, 2013 and
February 10, 2014, Alhambra announces that it has closed its financing with
Global Resources Investment Trust plc (GRIT).
In exchange for 2,764,500 ordinary shares of GRIT (the GRIT Shares) at the
deemed price of 1.00 per GRIT Share, Alhambra issued to GRIT a C$5.0
million, three year, 12% convertible secured promissory note (the Note)
plus warrants to purchase 5.0 million common shares of the Corporation (the
Warrants).
For more details, please read the attached.
Best regards,
Ihor P.
Wasylkiw
VP & Chief Information Officer
Alhambra Resources Ltd.
(bus): 1-403-508-4953
www.alhambraresources.com