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Jan 04, 2007
$2.2 MILLION PRIVATE PLACEMENT CLOSES
Mr. Ian Rozier, President, is pleased to announce that the 20 million unit non-brokered Private Placement, announced November 15, 2006, has received final acceptance through a TSX Venture Exchange Bulletin issued on January 3, 2007.
Each $0.11 unit comprises of one common share and one share purchase warrant exercisable at $0.15 for a two year period. Pursuant to National Policy 4.1 share certificates will not be eligible for trading until April 16, 2007.
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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.