Garrison International Ltd. (TSX VENTURE:GAU) (the "Company" or "Garrison") and
Asia Goldworks Limited ("AGL") are pleased to announce that the second tranche
of a previously-disclosed financing by AGL was closed on Friday, May 30, 2008
for gross proceeds of $2,300,000.


The share purchase agreement under which this closing took place provided that
AGL would invest an aggregate of $5,000,000 (including the $2,300,000 at this
second closing) in Garrison by acquiring up to 50,000,000 common shares units
("Units") of the Company. The first closing was completed on March 27, 2008 for
7,000,000 Units and gross proceeds of $700,000. The third closing pursuant to
the share purchase agreement is expected to occur shortly. The financing remains
subject to final approval by the TSX Venture Exchange (the "Exchange").


Each Unit, priced at $0.10, consists of one common share and one purchase
warrant exercisable at a price of $0.12 for one common share of Garrison for 18
months from the date of issue.


Mr. Georges Haligua-Cohen (formerly a director of Garrison), or an affiliate of
his, previously advanced US$583,900 to Garrison. At the first closing, the
Company repaid 40% (US$233,560) of that advance. The balance of 60% (US$350,340)
of the advance, plus interest at a rate of 9.9% per annum for the period from
March 27, 2008 to the date of this closing (US$5,986.49), for a total payment of
US$356,326.49 is being repaid from the proceeds of the second closing.


Proceeds from this closing will also be used to reduce the Company's current
liabilities, to enhance its working capital and otherwise to fund the Company's
operations. The closing was completed as a private placement pursuant to the
exemptions from the prospectus and dealer exemptions provided in section 2.3 of
National Instrument 45-106.


All securities issued in connection with this closing will be subject to a
four-month hold period expiring October 1, 2008.


A condition to this closing was that the Company obtain disinterested
shareholder approval of various matters related to the financing. At a special
meeting of shareholders held on Tuesday, May 20, 2008, Garrison's shareholders
approved the financing, the exercise of 7,000,000 warrants issued to AGL in the
first closing (in the event that AGL chooses to exercise them), the repayment of
Mr. Haligua-Cohen's advance described above, and the creation of new Control
Persons, namely, AGL, Danny Sun (a principal shareholder of AGL and a
newly-elected director of Garrison), and Anthony Bainbridge (a director of both
Garrison and AGL and a principal shareholder of AGL). Details of the special
meeting of shareholders may be found in the Company's press release dated May
21, 2008.


Details of AGL's Shareholdings

Prior to this transaction, AGL owned 10,500,000 common shares of Garrison. After
giving effect to this second closing, AGL owns 33,500,000 common shares of
Garrison (or approximately 34.3% of Garrison's issued and outstanding common
shares), and warrants exercisable for an additional 30,000,000 common shares of
Garrison (which, if exercised, would result in AGL owning approximately 49.7% of
Garrison's issued and outstanding common shares). AGL previously signed an
undertaking to the Exchange that it would not exercise the 7,000,000 purchase
warrants obtained in the first closing, and it would not purchase additional
common shares of Garrison, until the shareholders of Garrison approved the
creation of the new Control Persons (as defined in Exchange policies) that would
arise as part of the CAD$5,000,000 financing previously described in this press
release, and until Garrison obtained Final Acceptance of the financing by the
Exchange. The financing has received disinterested shareholder approval from
Garrison's shareholders. Therefore, upon receiving Final Acceptance by the
Exchange, the undertaking executed by AGL will no longer be effective, and the
7,000,000 warrants may be exercised at the discretion of AGL.


The shares purchased by AGL are held as to 40% by Mr. Anthony Bainbridge, a
director and officer of Garrison, and as to 60% by Mr. Danny Sun, a
newly-elected director of Garrison. Mr. Bainbridge independently holds options
exercisable for a further 900,000 common shares of Garrison. Mr. Sun
independently owns a further 2,715,059 common shares of Garrison. In addition,
Mr. Bainbridge (as to 40%) and Mr. Sun (as to 60%) also indirectly own Asia
Intercept Mongolia LLC, which in turn owns 2,000,000 common shares of Garrison.
Collectively, AGL, Mr. Sun, Mr. Bainbridge, and AIM own and/or control, directly
and indirectly, 38,215,059 common shares of Garrison (or approximately 39.1% of
Garrison), and if they exercised all convertible securities owned or controlled
directly or indirectly by both of them, and individually by either of them, they
would collectively own or control, directly and indirectly, 69,115,059 common
shares of Garrison (or approximately 53.7% of the common shares of Garrison then
issued and outstanding).


AGL's offices are located at P.O. Box 957, Offshore Incorporations Centre, Road
Town, Tortola, British Virgin Islands. Mr. Sun's and Mr. Bainbridge's address is
Suite 301, Park View Apartments, 1 khoroo, Chinggis Road, Sukhbaatar district,
Ulaanbaatar, Mongolia, CPO. POB-524.


About the Company

Garrison is a junior mineral exploration company focused on acquiring and
developing advanced stage gold properties in Mongolia. For complete details on
Garrison International Ltd. and its partners, management encourages investors
and interested parties to view its public documents filed on SEDAR at
www.sedar.com.


For all Garrison International Ltd. investor relations needs, investors are
asked to visit the Garrison International IR Hub at
http://www.agoracom.com/ir/garrison where they can post questions and receive
answers within the same day, or simply review questions and answers posted by
other investors. Alternatively, investors are able to e-mail all questions and
correspondence to gau@agoracom.com where they can also request to be added to
the investor e-mail list to receive all future press releases and updates in
real time.


CAUTIONARY STATEMENT

No stock exchange, securities commission or other regulatory authority has
approved or disapproved the information contained herein. All statements in this
news release, other than statements of historical fact, are forward-looking
statements that involve various risks and uncertainties, including, without
limitation, statements regarding the future plans and objectives of Garrison
International Ltd. There can be no assurance that such statements will prove to
be accurate. Actual results and future events could differ materially from those
anticipated in such statements. These and all subsequent written and oral
forward-looking statements are based on the estimates and opinions of management
on the dates they are made and are expressly qualified in their entirety by this
notice. Garrison International Ltd. assumes no obligation to update
forward-looking statements should circumstances or management's estimates or
opinions change.


Shares Outstanding - 97,738,057

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