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Aldridge Minerals Inc.

Published : July 29th, 2008

announces private placement

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Keywords :   Canada | Germany | Market | Nickel | Turkey | Uranium |

Aldridge Minerals Inc.

Aldridge announces private placement

Vancouver, British Columbia. July 29, 2008. Aldridge Minerals Inc. ("Aldridge" or the "Company") announced that the Company has finalized discussions with Advice Portfolio Management GMBH in Germany to raise up to CAD $5,000,000 through a non-brokered private placement, mainly in the European market. The private placement will consist of units ("Units") at a price of CAD $2.75 per Unit. Each Unit will consist of one common share and one share purchase warrant entitling the holder to acquire one additional common share at a price of CAD $3.40 for a period of 24 months from closing. The Company may pay a finder's fee incidental to the financing in accordance with Exchange policies. The private placement and payment of a finder's fee are subject to TSX Venture Exchange approval.

This private placement will replace the financing previously announced on June 4, 2008.
 
About Aldridge Minerals

Aldridge Minerals Inc. is wholly focused on mineral opportunities in Turkey where the Company is conducting an ambitious exploration and development program at its flagship Yenipazar polymetallic VMS project. An updated resource calculation is scheduled for Summer 2008, to be followed by a Preliminary Economic Assessment ("PEA"). The PEA is subject to the progress in data compilation for open pit and plant construction, and in metallurgical testing. 

Aldridge has also identified several prospective nickel and uranium opportunities in Turkey and has amassed a large nickel property position where a systematic development program has commenced.

On behalf of the Board of Directors

"Signed"
_________________________________
DR. HIKMET AKIN
President and Director


Forward-Looking Statements:

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties.  Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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This mail distribution is a service of AXINO AG, Stuttgart on behalf of Aldridge Minerals Inc., Vancouver, Canada. This message is for information purposes only. AXINO AG does not take any liability for the correctness of the information sent. Recipients, that make investment decisions or transactions, are completely acting on their on responsibility.

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Data and Statistics for these countries : Canada | Germany | Turkey | All
Gold and Silver Prices for these countries : Canada | Germany | Turkey | All

Aldridge Minerals Inc.

EXPLORATION STAGE
CODE : AGM.V
ISIN : CA0144301029
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Aldridge Min. is a gold and silver exploration company based in Canada.

Aldridge Min. holds various exploration projects in Turkey.

Its main exploration properties are DERINKOY, YENIPAZAR, PAPUA and MURAT DAG in Turkey.

Aldridge Min. is listed in Canada and in Germany. Its market capitalisation is CA$ 10.2 millions as of today (US$ 7.5 millions, € 6.5 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 3.75, and its lowest recent point on June 22, 2018 at CA$ 0.05.

Aldridge Min. has 107 130 000 shares outstanding.

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Financings of Aldridge Minerals Inc.
8/29/2016Aldridge Minerals Provides Financing Update
7/28/2016Aldridge Minerals Provides Financing Update
2/22/2013Aldridge Minerals Closes Previously Announced Non-Brokered F...
2/14/2013Aldridge Minerals Closes Previously Announced Financing
12/12/2012Aldridge Minerals Announces $10.5 Million Underwritten Priva...
4/27/2012Aldridge - Aldridge Announces Closing of the Private Placeme...
3/28/2012Aldridge Minerals announces shareholder approval of the ANT ...
2/8/2012Aldridge - Aldridge Announces $11.2 Million Private Placemen...
9/15/2008announces Proceeds of CAD $3.36 million from Private Placeme...
7/29/2008announces private placement
4/11/2008 Announces Terms Of Brokered Private Placement
2/12/2008announces proceeds of CAD 1.3 million from exercise of warra...
12/4/2007Completes Non-Brokered Private Placement
11/19/2007amends terms of non-brokered private placement
Option Grants of Aldridge Minerals Inc.
11/27/2013Aldridge - Aldridge Grants Options
4/9/2013Aldridge - Aldridge Grants Options
2/29/2012Aldridge Minerals grants options
6/16/2011Grants 400,000 options to two directors
Nominations of Aldridge Minerals Inc.
2/25/2008Appoints Charles M. Raymond to its Board of Directors
Financials of Aldridge Minerals Inc.
10/19/2012Aldridge - Aldridge Reports Third Quarter 2012 Financial Res...
7/20/2012Aldridge Minerals Reports Second Quarter 2012 Financial Resu...
Project news of Aldridge Minerals Inc.
6/17/2013Aldridge - Aldridge Earns 100% Interest In Yenipazar
5/17/2013Aldridge - Aldridge Files NI 43-101 Technical Report for Yen...
2/15/2012(Yenipazar)Aldridge Minerals Discovers Additional Mineralization at Yen...
10/24/2011(Yenipazar)Aldridge Minerals Inc. Finds Significantly Higher Metal Grad...
6/10/2009(Derinkoy)Arranges Joint Venture for Derinkoy Properties
7/7/2008(Yenipazar)announces latest results from Yenipazar (VMS, Turkey) for in...
1/10/2008(Murat Dag)reports first results of nickel laterite drill campaign in W...
12/5/2007(Yenipazar)reports on drilling progress at Yenipazar deposit
11/12/2007(Yenipazar)reports on resource upgrade and enlargement at Yenipazar dep...
10/11/2007(Yenipazar)drills high-grade core at Yenipazar deposit - Intersects 34 ...
Corporate news of Aldridge Minerals Inc.
6/29/2016Aldridge Announces Results of Annual Shareholders Meeting
5/13/2016Aldridge Reports Q1 2016 Financial Results and Provides a Co...
3/29/2016Aldridge Reports Year-End 2015 Financial Results and Provide...
12/15/2015Aldridge Grants Stock Options
9/25/2015Aldridge Announces Resignation of Vice President Project Dev...
7/16/2015Aldridge Receives Investment Incentive Certificates That Inc...
4/13/2015Cormark Securities Inc. Initiates Research Coverage on Aldri...
3/30/2015Aldridge to Attend Upcoming Investor Conferences
3/26/2015Aldridge Grants Stock Options
3/24/2015Aldridge Reports Year-End 2014 Financial Results and Provide...
2/23/2015Aldridge to Attend PDAC 2015 in Toronto, Canada March 1-2, 2...
1/14/2015Aldridge Hires Jaymes Dircks as EPC Director
1/12/2015Aldridge Hires Jaymes Dircks as EPC Director
1/8/2015Aldridge to Attend Cambridge Vancouver Resource Investment C...
12/20/2014Aldridge Grants Stock Options
12/19/2014Aldridge Grants Stock Options
11/17/2014Aldridge Awards Value Engineering & Construction Planning Co...
11/13/2014Aldridge Reports Q3 2014 Financial Results and Provides a Co...
9/26/2014Aldridge Closes US$45 Million Financing with Orion Mine Fina...
9/2/2014IIROC Trading Resumption - AGM
9/2/2014Aldridge Reports Q2 2014 Financial Results and Provides a Co...
11/15/2013Aldridge - Aldridge Files Q3 2013 Financial Statements
8/28/2013Aldridge - Aldridge Completes Yenipazar EIA Report
8/14/2013Aldridge - Aldridge Files Q2 2013 Financial Statements
7/16/2013Aldridge - Aldridge Announces Leadership Change
2/19/2013Aldridge - Aldridge Retains Cutfield Freeman to Aid in Secur...
12/12/2012Aldridge - IIROC Trading Resumption - AGM
11/1/2012Aldridge - Aldridge Retains Independent Trading Group As Mar...
7/6/2012(Papua)Aldridge Minerals to Exit Papua New Guinea
6/13/2012Aldridge - Aldridge Announces an Updated 43-101 Resource Est...
5/2/2012Aldridge - Aldridge Appoints Robbert Borst VP Project Develo...
3/13/2012Aldridge Minerals Receives Positive Recommendation from ISS ...
3/6/2012(Yenipazar)Aldridge Minerals Provides Yenipazar Feasibility Update - Mi...
2/27/2012Aldridge Minerals Announces Execution of Definitive Investme...
2/25/2012Aldridge Minerals Announces Filing of Annual Financials
2/7/2012Jacob Willoughby to Step Down as President and Director of A...
1/31/2012(Papua)Aldridge Minerals Reports Drill Results from its 100 % owned...
10/11/2011Aldridge Minerals Inc. Announces Infill Drill Results and Ex...
7/19/2011Aldridge Minerals Inc. Retains Renmark Financial Communicati...
6/24/2011ALDRIDGE MINERALS INC=2E ENGAGESJACOBS MINERALS CANADA INC=2...
6/21/2011ALDRIDGE MINERALS INC=2E APPOINTS CHIEF FINANCIAL OFFICER AN...
6/16/2011ANNOUNCES RESULTS OF ANNUAL GENERAL MEETING AND GRANTS OPTIO...
12/22/2008Acquisition of Valhalla Resources Ltd. and its exploration p...
6/27/2008hires Swiss IR/PR Consulting Group
5/7/2008announces results of the 2008 annual and special meeting
11/7/2007 announces director resignation
6/2/2007Wins License for Laterite With Nickel Potential in Auction B...
3/14/2007Receives Positive Results on First Gravity Preconcentration ...
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