Post by Franko10 ™ on Jan 10, 2005 21:26:45 GMT -5
NEWS RELEASE TRANSMITTED BY CCN - A NEWSWIRE SERVICE OF ITG FOR: ANGLO MINERALS LTD. Shares issued: 8,229,332 CDNX SYMBOL: ALM JUNE 20, 2000 Anglo Minerals Completes Private Placement CALGARY, ALBERTA--Mr. Todd Montgomery reports Anglo Minerals has completed, subject to regulatory approval, a non-brokered private placement of 878,500 units at an offering price of 10 cents per unit for gross proceeds to the corporation of $87,850. Each unit comprises one common share and one common share purchase warrant, with each warrant entitling the holder thereof to purchase one additional share from treasury at a price of 11 cents for a period of one year. Proceeds of the offering will be used to finalize the acquisition of the corporation's previously announced Firebag Coal project, to pay existing indebtedness and for general corporate purposes. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Anglo Minerals Ltd. Todd Montgomery President (403) 262-2727 (403) 266-5050 The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
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