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Post by Franko10 ™ on Feb 21, 2005 18:40:49 GMT -5
GOLDEN ARCH RESOURCES LTD. #409 – 17665 66A Avenue, Cloverdale, BC V3S 2A7 . (604) 575-3100 Fax: (604) 575 - 3003 Exemption 12g3 - 2(b) SEC File # 82-659 GAI:CDNX GARCF: O.T.C
NEWS RELEASE
February 5, 2002 – The Company is pleased to announce that, subject to regulatory approval, a private placement has been arranged consisting of 2,000,000 units at $0.05 Cdn per unit for total proceeds of $100,000. Each unit will consist of one common share plus one one-year non-transferable share purchase warrant. Each warrant will be exercisable to purchase one common share at $0.10 per share. No finder’s fee is payable. On behalf of the Board of Directors of Golden Arch Resources Ltd. Les Kjosness President
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