Chapleau Resources Ltd. Negotiates a $450,000 Private Placement
05 Febbraio 2008 - 5:01PM
Marketwired
CRANBROOK, BRITISH COLUMBIA wishes to announce that it has
negotiated a non-brokered private placement in its Capital Stock of
1,000,000 units @ $0.45 for proceeds of $450,000.
Each unit consists of one share and one 2-year warrant
exercisable at $0.60 in year one and $1.00 in year two.
Proceeds will be used for continued drilling on the Company's
Brazilian Gold Projects.
This press release is available on the Chapleau Resources IR HUB
for investor commentary, feedback and questions. Investors are
asked to visit http://www.agoracom.com/IR/Chapleau.
BY ORDER OF THE BOARD OF DIRECTORS
CHAPLEAU RESOURCES LTD.
Eric Wiltzen, Director
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes,
etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Chapleau Resources Ltd. Eric Wiltzen Director (250)
489-5156 (250) 489-5185 (FAX) Email: info@chapleauresources.com
Website: www.chapleauresources.com
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