Private Placement for 35 Cent on 21.9!!!!!Would anyone participate in this private placement if they wouldn't expect good drill results.
Canasia Industries Corporation ("Canasia") wishes to announce a non-brokered private
placement of up to three million units at $0.35 per unit, for gross proceeds of $1,050,000. Each
unit will consist of one common share and one transferable share purchase warrant, exercisable
at $0.50 per share in the first year and at $0.75 per share in the second year. A finder's fee may
be payable in accordance with TSX Venture Exchange rules.