VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 21, 2011) - Shamrock Enterprises Inc. (CNSX:SRS) (the "Company") announces that it has now completed a private placement initially announced on June 14, 2011. The Company issued an aggregate of 2,716,000 Units in three tranches, for gross proceeds of $950,600. Each Unit consisted of one common share and one share purchase warrant, exercisable for a two year period at $0.45 per share. The Company paid a 7% cash finder's fee and issued finder's warrants equal to 7% of total warrants issued.
Shamrock is preparing to carry out a fall drill program on the Fireweed Silver Property located near Smithers, in the Babine Lake Area, Omineca Mining Division, British Columbia, a polymetallic (Ag, Zn, Pb, Cu, Au) discovery of massive sulphide and sulphide replacement type mineralization. Pursuant to an option agreement dated February 17, 2010 the Company has the right to earn up to a 70% interest in the Fireweed Property.
Shamrock Resources Ltd. is a junior exploration mining company focused on the procurement, exploration and development of silver and other precious metal properties in North America.
On behalf of the Board,
Gordon Osinchuk, PresidentNeither the Canadian National Stock Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.