GREY:RNSFF - Post by User
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grommeton Nov 15, 2004 7:55pm
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Post# 8181498
NEWS! - Uranium + Coal
NEWS! - Uranium + CoalSantoy closes on $800,000 placement
Santoy Resources Ltd (2) (TSX-V:SAN) Shares Issued 28,378,376Last Close 11/15/
2004 $0.33Monday November 15 2004 - News Release
Mr. Ken Booth reports
Santoy Resources Ltd.'s $800,000 non-brokered, equity private placement consisting
of 7,272,727 units priced at 11 cents per unit has closed. A finder's fee of 6 per cent
was paid in common shares on a portion of the financing.
The company will use the net proceeds of the financing to actively pursue the
acquisition of uranium properties as well as to advance its 50-per-cent-owned Rock
River coal project and for general corporate purposes.