RE: Message from CEO Philippe Giaro...Jobart,
I do not see how that is possible. If you look at the news release below it states that the private placement was completed. Now look at the date of the release. Explain this if you can, because i relied on that information. Thanks.
Bill
Searchgold Resources raises $1-million privately
2006-01-03 17:10 ET - News Release
Shares issued 61,999,171
RSG Close 2006-01-03 C$ 0.09
Mr. Joel Scodnick reports
SEARCHGOLD COMPLETES A $1,000,000 FINANCING
SearchGold Resources Inc. has completed its previously announced private placement for a total of $1-million. The placement was fully subscribed at a price of five cents per unit and the company will issue 20 million common shares at a price of five cents per share. Each share is accompanied by one share purchase warrant at a price of 10 cents, valid for 12 months from the closing date. The new shares are subject to a four-month minimum hold period.