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Post by Franko10 ™ on Oct 7, 2004 18:19:50 GMT -5
Claude Resources Inc. Completes Flow-Through Private Placement Claude Resources Inc. ("Claude") is pleased to announce that it has completed a private placement of 1,000,000 common shares issued on a flow-through basis at a price of $2.50 per share, for gross proceeds of $2,500,000.
The proceeds of this offering will be used by Claude to incur Canadian exploration expenditures in connection with its mineral properties, with such expenditures to be incurred on or before December 31, 2004.
For further information please contact:
Neil McMillan President 306.668.7505 306.668.7500 Fax info@clauderesources.com
Renmark Financial Communications Inc. 514.939.3989 514.939.3717 Fax Neil Murray-Lyon nmurraylyon@renmarkfinancial.com
Edith English eenglish@renmarkfinancial.com
Media: Dominic Sicotte dsicotte@renmarkfinancial.com
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