VANCOUVER, BRITISH COLUMBIA--The Board of Directors of Claimstaker Resources Ltd. (VSE symbol: CLN) announces that, further to its news release of January 29, 1999, it is amending the terms of its announced private placement. A total of 1,125,000 units will be issued at a price of $0.40 per unit to raise $450,000. Each unit consists of one common share and one share purchase warrant, each warrant exercisable until May 20, 2000 for one additional share at $0.50 per share. The proceeds will be added to working capital.
On behalf of the Board of Directors,
Richard Somerville, President and CEO
FOR FURTHER INFORMATION PLEASE CONTACT: Claimstaker Resources Ltd. Mr. Robert Veitch Investor Relations 1-888-236-5200 Internet Site: www.claimstakerresources.com E-mail: firstname.lastname@example.org The Vancouver Stock Exchange has neither approved nor disapproved of the information contained herein.
Last Edit: Jan 31, 2005 20:46:12 GMT -5 by Franko10 ™
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