Owner
Post by Franko10 ™ on Dec 6, 2005 16:03:05 GMT -5
Explor Resources Inc.: $110,000 Private Placement
15:39 EST Tuesday, December 06, 2005
LA RONGE, SASKATCHEWAN--(CCNMatthews - Dec. 6, 2005) - Explor Resources Inc. (TSX VENTURE:EXS):
The Corporation is pleased to announce a private placement of 400,000 flow through units at $0.22 per unit for a total of $88,000 and 100,000 common units for a total of $22,000. Each unit comprises one common share at $0.22 per share and one-half common share purchase warrant at $0.30 exercisable within 2 years. The funds will be used for exploration purposes and general working capital.
Placees have yet to be determined. All securities issued will have a 4 month hold period from closing.
Explor Resources Inc. is a public listed Corporation trading on the TSX Venture Exchange
On behalf of the Board
Randy Studer.
Vice-President
Explor Resources Inc prepared this press release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Explor Resources Inc.
Randy Studer
Vice-President
(306) 425-3350
(306) 425-2535 (FAX)
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.
15:39 EST Tuesday, December 06, 2005
LA RONGE, SASKATCHEWAN--(CCNMatthews - Dec. 6, 2005) - Explor Resources Inc. (TSX VENTURE:EXS):
The Corporation is pleased to announce a private placement of 400,000 flow through units at $0.22 per unit for a total of $88,000 and 100,000 common units for a total of $22,000. Each unit comprises one common share at $0.22 per share and one-half common share purchase warrant at $0.30 exercisable within 2 years. The funds will be used for exploration purposes and general working capital.
Placees have yet to be determined. All securities issued will have a 4 month hold period from closing.
Explor Resources Inc. is a public listed Corporation trading on the TSX Venture Exchange
On behalf of the Board
Randy Studer.
Vice-President
Explor Resources Inc prepared this press release.
FOR FURTHER INFORMATION PLEASE CONTACT:
Explor Resources Inc.
Randy Studer
Vice-President
(306) 425-3350
(306) 425-2535 (FAX)
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.
