Post by Zoinkers on Dec 21, 2006 20:02:46 GMT -5
Press Release Source: Star Uranium Corp.
Star Uranium Announces Private Placement
Wednesday December 20, 4:53 pm ET
SASKATOON, SASKATCHEWAN--(CCNMatthews - Dec. 20, 2006) - Star Uranium Corp. (TSX VENTURE:SUV - News) is pleased to announce a private placement of up to 1,923,077 flow-through units at a price of $0.65 per unit for total proceeds of $1,250,000. Each unit will consist of one flow-through common share and one-half of one share purchase warrant, of which one full warrant entitles the holder to purchase one additional flow-through common at a price of $0.75 for a period of one year.
The funds raised by way of the private placement will be used for exploration of the Company's uranium properties.
For more information please visit our website at www.staruranium.com.
ON BEHALF OF THE BOARD
Rick Walker, President
The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or Accuracy of This News Release.
Contact:
Rick Walker
Star Uranium Corp.
President
(306) 244-7828
(306) 244-0042 (FAX)
Email: info@staruranium.com
Website: www.staruranium.com
--------------------------------------------------------------------------------
Source: Star Uranium Corp.
Star Uranium Announces Private Placement
Wednesday December 20, 4:53 pm ET
SASKATOON, SASKATCHEWAN--(CCNMatthews - Dec. 20, 2006) - Star Uranium Corp. (TSX VENTURE:SUV - News) is pleased to announce a private placement of up to 1,923,077 flow-through units at a price of $0.65 per unit for total proceeds of $1,250,000. Each unit will consist of one flow-through common share and one-half of one share purchase warrant, of which one full warrant entitles the holder to purchase one additional flow-through common at a price of $0.75 for a period of one year.
The funds raised by way of the private placement will be used for exploration of the Company's uranium properties.
For more information please visit our website at www.staruranium.com.
ON BEHALF OF THE BOARD
Rick Walker, President
The TSX Venture Exchange Does Not Accept Responsibility for the Adequacy or Accuracy of This News Release.
Contact:
Rick Walker
Star Uranium Corp.
President
(306) 244-7828
(306) 244-0042 (FAX)
Email: info@staruranium.com
Website: www.staruranium.com
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Source: Star Uranium Corp.