Owner
Post by Franko10 ™ on Oct 2, 2004 13:50:27 GMT -5
Claimstaker Resources: Private Placement
VANCOUVER, BRITISH COLUMBIA--The Board of Directors of Claimstaker
Resources Ltd. (VSE symbol: CLN) is pleased to announce that it
has concluded negotiations for the private placement of 961,538
Units of the Company at the price of $0.65 per Unit, (for a total
of $625,000). Each Unit consists of one common share and one
warrant, each warrant will entitle the holder to purchase one
additional share of the Company at a price of $0.80 per share for
a period of 12 months. Net proceeds from the private placement
will be added to the general working capital of the Company.
This private placement is subject to acceptance by the securities
regulatory authorities.
On behalf of the Board of Directors,
F.J. Sveinson, Director
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Mr. Robert Veitch
Investor Relations
1-888-236-5200
Website: www.claimstakerresources.com
Email: cln@direct.ca
The Vancouver Stock Exchange has neither approved nor disapproved
of the information contained herein.
VANCOUVER, BRITISH COLUMBIA--The Board of Directors of Claimstaker
Resources Ltd. (VSE symbol: CLN) is pleased to announce that it
has concluded negotiations for the private placement of 961,538
Units of the Company at the price of $0.65 per Unit, (for a total
of $625,000). Each Unit consists of one common share and one
warrant, each warrant will entitle the holder to purchase one
additional share of the Company at a price of $0.80 per share for
a period of 12 months. Net proceeds from the private placement
will be added to the general working capital of the Company.
This private placement is subject to acceptance by the securities
regulatory authorities.
On behalf of the Board of Directors,
F.J. Sveinson, Director
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Claimstaker Resources Ltd.
Mr. Robert Veitch
Investor Relations
1-888-236-5200
Website: www.claimstakerresources.com
Email: cln@direct.ca
The Vancouver Stock Exchange has neither approved nor disapproved
of the information contained herein.
