Post by Zoinkers on Oct 22, 2006 17:56:59 GMT -5
Press Release Source: Morgain Minerals Inc.
Morgain Revises Pricing of Private Placement
Friday October 6, 3:06 pm ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 6, 2006) - Morgain Minerals Inc. ("Morgain" or "the Company") (TSX VENTURE:MGM - News) has revised the price of the units to be offered in its best efforts brokered private placement being conducted by Canaccord and its non-brokered private placement (see news release dated August 24, 2006) from CDN $0.35 per unit to CDN $0.30 per unit. The price and terms of the Warrants previously announced will remain the same.
About Morgain Minerals Inc.
Morgain Minerals is a resource exploration company with a number of precious and base metal properties in Mexico. Its corporate strategy is to acquire properties with known resources that can be further developed to production status. Visit our website at www.morgainminerals.com for the latest corporate information.
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.
Contact:
Chris Babsmall thingy
Morgain Minerals Inc.
President and CEO
(604) 643-1727
(604) 643-1726 (FAX)
Email: cbabsmall thingy@morgainminerals.com
Website: www.morgainminerals.com
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Source: Morgain Minerals Inc.
Morgain Revises Pricing of Private Placement
Friday October 6, 3:06 pm ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Oct. 6, 2006) - Morgain Minerals Inc. ("Morgain" or "the Company") (TSX VENTURE:MGM - News) has revised the price of the units to be offered in its best efforts brokered private placement being conducted by Canaccord and its non-brokered private placement (see news release dated August 24, 2006) from CDN $0.35 per unit to CDN $0.30 per unit. The price and terms of the Warrants previously announced will remain the same.
About Morgain Minerals Inc.
Morgain Minerals is a resource exploration company with a number of precious and base metal properties in Mexico. Its corporate strategy is to acquire properties with known resources that can be further developed to production status. Visit our website at www.morgainminerals.com for the latest corporate information.
The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.
Contact:
Chris Babsmall thingy
Morgain Minerals Inc.
President and CEO
(604) 643-1727
(604) 643-1726 (FAX)
Email: cbabsmall thingy@morgainminerals.com
Website: www.morgainminerals.com
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Source: Morgain Minerals Inc.