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Ascot Announces Increased Private Placement

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SURREY, BRITISH COLUMBIA--(Marketwired - Nov. 30, 2015) - NOT FOR DISTRIBUTION IN THE UNITED STATES OR FOR DISSEMINATION VIA US NEWSWIRE SERVICES Ascot Resources Ltd. (the "Company") (TSX VENTURE:AOT) is pleased to announce that further to the Company's press release of November 24, 2015, the non-brokered private placement offering (the "Offering") has been increased to a maximum of 10 million units (the "Units") at a price of $1.00 per Unit for maximum gross proceeds of up to $10.0 million (the "Maximum Offering") and the minimum number of Units being offered is 5,000,000 Units for minimum gross proceeds of $5.0 million. Each Unit will consist of one common share and one non-transferable,...

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