TORONTO  ONTARIO--(Marketwired - Feb 5  2016) - Pele Mountain Resources Inc (TSX VENTURE:GEM)(OTCQX:GOLDF)("Pele" or the "Company") announced that it has closed a non-brokered private placement offering (the "Offering") comprised of 4 155 000 flow-through units (the "FT Units") at a purchase price of $0