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Post by Franko10 ™ on Dec 1, 2004 19:34:23 GMT -5
UNITED CARINA RESOURCES CORP. 105 – 111 Research Drive Telephone: (306) 664-3828 Saskatoon, Saskatchewan S7N 3R2 Facsimile: (306) 244-0042 _____________________________________________________________________________________ N E W S R E L E A S E November 10, 2004 – United Carina Resources Corp. (UCA – TSX Venture) is pleased to announce the closing of its private placement totalling $500,000. These funds were raised by the Company issuing 2,500,000 units at a price of $0.20 per unit, each unit consisting of one common share and one share purchase warrant entitling the holder to purchase one additional common share at a price of $0.25 until November 3, 2005. Of the 2,500,000 units issued, 1,250,000 are flow-through units. The shares, and any shares to be issued upon the exercise of the warrants, are subject to a hold period expiring March 4, 2005. ON BEHALF OF THE BOARD “Rick Walker”<br>Rick Walker, President THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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