CSE SYMBOL: SRS

Shamrock Enterprises Closes Private Placement

News Release

CSE: SRS

January 9, 2018

 

Shamrock Enterprises Inc. (CSE: SRS) (the “Company”) is pleased to announced that, further to its news release dated December 11, 2017, the Company has closed its second and final tranche of its previously announced non- brokered Private Placement and has issued an additional 1,511,111 Non- Flow through units at a price of $0.045 per unit for an aggregate of $68,000. Each unit consists of one common share and one-half share purchase warrant for an additional share at $0.06 per share for two years from the date of issuance.  The Common Shares acquired by the subscribers are subject to a hold period of four months plus one day.  In total the Company has issued 3,476,444 units for gross proceeds of $156,440.

In connection with the closing of the Financing, the Company paid finder’s fees of $1,440 in cash and issued 32,000 non-transferable finder’s warrants (“Finder’s Warrants”).  Each Finder’s Warrant will entitle the holder thereof to purchase one share of the Company at a price of $0.06 for a period of 2 years from the date of the closing of the Financing.

The Company will not be pursuing the previously announced Flow Through financing.

About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of silver and other precious metal properties in North America. The Company’s common shares are listed and posted for trading on the Canadian Securities Exchange ("CSE") under the symbol "SRS".

On behalf of the Board,

“Bob Faris”

CEO

For further information, please contact:

Shamrock Enterprises Inc.

Bob Faris, Chief Executive Officer

Phone: (604) 880-2121

Neither the Canadian Securities Exchange nor its Regulation Services Provider

accepts responsibility for the adequacy or accuracy of this release.