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Message: Private Placement-Non-Broker...

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Private Placement-Non-Broker...

posted on Feb 19, 10 10:41PM

ZINCCORP RESOURCES INC. ("ZN")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 19, 2010
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with respect
to a Non-Brokered Private Placement

announced January 29, 2010:

Number of Shares: 6,000,000 flow-through shares

Purchase Price:
.085 per share

Warrants: 6,000,000 share purchase warrants to purchase
6,000,000 shares

Warrant Exercise Price

:
.15 for a two year period

Number of Placees: 2 placees

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P / # of Shares
Michael Potter Y 4,000,000

Finder's Fee: Raymond James Ltd. will receive a cash
finder's fee of $40,800.00

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement
and setting out the expiry dates of the hold period(s). The Company must
also issue a news release if the private placement does not close
promptly. Note that in certain circumstances the Exchange may later
extend the expiry date of the warrants, if they are less than the maximum
permitted term.

TSX-X

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