Owner
Post by Franko10 ™ on Mar 22, 2006 8:49:41 GMT -5
Explor Resources Inc.: $63,000 Private Placement-March 21, 2006
17:48 EST Tuesday, March 21, 2006
LA RONGE, SASKATCHEWAN--(CCNMatthews - March 21, 2006) - Explor Resources Inc. (TSX:EXS) - The Corporation is pleased to announce a private placement of 300,000 common units for a total of $63,000. Each unit comprises one common share at $0.21 per share and one common share purchase warrant at $0.28 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.
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.
17:48 EST Tuesday, March 21, 2006
LA RONGE, SASKATCHEWAN--(CCNMatthews - March 21, 2006) - Explor Resources Inc. (TSX:EXS) - The Corporation is pleased to announce a private placement of 300,000 common units for a total of $63,000. Each unit comprises one common share at $0.21 per share and one common share purchase warrant at $0.28 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.
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.
