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Dunsmuir Ventures to raise $720,000 for exploration
2005-07-28 17:30 ET - News Release
Mr. Alan Carter reports
DUNSMUIR ANNOUNCES $720,000 PRIVATE PLACEMENT FINANCING
Dunsmuir Ventures Ltd. has arranged a non-brokered private placement of six million units of the company at a price of 12 cents per unit for total proceeds of $720,000. Each unit shall consist of one share and one full share purchase warrant exercisable at a price of 15 cents per share for a period of two years from the date of closing. Proceeds from this private placement will be used to further the company's exploration programs and for general working capital purposes.
The private placement is subject to acceptance for filing by the TSX Venture Exchange.