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| | April 29, 2010
$125,000 Financing
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| | The Company announces that it has arranged, subject to regulatory approval, a private placement of up to 1,562,500 units at $0.08 per unit for total gross proceeds of up to $125,000. Each unit will consist of one common share and one transferable share purchase warrant, each warrant exercisable into an additional common share for a period of one years at a price of $0.20 per share.
The proceeds of the private placements will be used for exploration programs on the Company's properties and for general working capital.
Finders' fees may be payable in whole or in part on the private placements.
The CNSX has not approved or disapproved the contents of this news release.
Michael E. Schuss
President and CEO |
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| | You can view the Next News Releases item: Thu Jun 24, 2010, Private Placement Financing Closed
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