War Eagle Mining Company Inc.: Fiscal Agent Financial Advisors Appointed (bwire)
VANCOUVER, British Columbia (Business Wire) -- War Eagle Mining Company Inc. (TSX VENTURE:WAR) (the "Company") is pleased to announce, subject to TSX Venture Exchange approval, that it has appointed Union Securities Ltd. to act, on a non-exclusive basis, as fiscal agent to the Company in exchange for 400,000 warrants to purchase that same number of common shares at CDN$0.33 per share for two years. In addition the Company also appointed Bolder Investment Partners, Ltd., also on a non-exclusive basis, as its financial advisor in exchange for 200,000 warrants to purchase that same number of common shares at CDN$0.33 per share for two years.
Finally, the Company has agreed to amend the terms of the private placement announced April 22, 2005 whereby each unit will now include one flow through common share instead of a common share. All other terms and conditions of the placement remain the same.
Terence F. Schorn, P. Geo, President
War Eagle Mining Company Inc.
CUSIP. No. 933901209
The TSX Venture Exchange has not reviewed and does not accept the responsibility for the adequacy or accuracy of the contents of the foregoing.
War Eagle Mining Company Inc. (TSX VENTURE:WAR)
War Eagle Mining Company Inc. Bob Faris Vice President, Corporate Development 1-800-877-1626 or (604) 606-7973 www.wareaglemining.com
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