warrants Thank you for your interest in Entrée Gold Inc. (TSX-V: ETG).
As you are aware, Entrée Gold closed a brokered private placement on November 3, 2003, for proceeds of C$12.0 million with Canaccord Capital Corporation and Salman Partners Inc. The agents for the offering received 920,000 agent's warrants. The agent's warrants allow the agent to purchase one additional common share at an exercise price of C$1.35 on or before April 30, 2005. As of yesterday, April 26, 2005, the warrants were still outstanding and unexercised.