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Copper Ridge Announces Private Placement
Published : March 30, 2011
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Keywords :   Canada | Copper | Lead | Market | Zinc |

/NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX-V: KRX

www.copper-ridge.com

VANCOUVER, March 30 /CNW/ - Copper Ridge Explorations Inc. (TSX-V:KRX) (the "Company") announces that it will conduct on a best-efforts basis, a non-brokered private placement of up to 2,500,000 units of the Company at $0.35 per unit (the "Units") to raise gross proceeds of up to $875,000. Each Unit will consist of one common share of the Company and one half of one share purchase warrant. Each full warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.50 per share, for a term of one year from the date of issuance.

The proceeds from this private placement will be used for exploration and development of the Company's mineral properties, and for general working capital purposes. The private placement is subject to receipt of all required regulatory approvals.

About Copper Ridge Explorations Inc.

Copper Ridge specializes in identifying, acquiring and developing quality precious metal enriched copper, lead and zinc mineral deposits in Yukon, Canada. Copper Ridge has a committed management team with extensive experience in the Yukon and a proven track record of building shareholder value in the junior equity market.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. There are numerous risks and uncertainties that could cause actual results and Copper Ridge's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice. Except as required by law, Copper Ridge assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

For further information: Copper Ridge Explorations Inc., Greg Dawson, President: (604) 648-4653

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Gold and Silver Prices for these countries : Canada | All

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Copper Ridge is a copper producing company based in Canada.

Copper Ridge produces copper, gold and silver in Mexico, and holds various exploration projects in Canada and in Mexico.

Its main asset in production is GAVILANES in Mexico and its main exploration properties are KALZAS, DUKE ISLAND, BABINE, GOLD DOME, BOREALIS, COPPER ACE, JOSS'ALUN, LUCKY JOE, YUKON OLYMPIC, OGOPOGO, WILLOUGHBY, CLEAR LAKE, HART RIVER CLAIMS, LUCKY JOE AND SHAMROCK and ASH, B AND TAR CLAIMS in Canada.

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Financings of
4/5/2011increareases Previously Announced Private Placement
4/1/2011Announces Private Placement
8/5/2009Shareholders Approve Private Placement
2/22/2008Closes Non-Brokered Private Placement
1/31/2008 Arranges $200,000 Non-Brokered Private Placement
5/1/2007Closes $1.5 Million Non-Brokered Private Placement
3/23/2007Arranges $1.0 Million Non-Brokered Private Placement
Nominations of
5/3/2011Blair M. Shilleto Named to Copper Ridge Board of Directors
9/9/2009Appoints New Board; Closes $3 Million Financing
Project news of
4/18/2011Acquires the Marg Deposit, Yukon
3/28/2011(Four Corners Yukon)Announces Yukon Property Acquisitions
3/28/2011(Bolt)Announces Yukon Property Acquisitions
7/6/2010(Lucky Joe)Drilling Commences at Lucky Joe
6/16/2010(Duke Island). - Drilling commences at Duke Island, Alaska
2/22/2010(Quitovac)announces purchase of Quitovac gold project from Andina Mine...
7/9/2009(Scheelite Dome)Options Scheelite Dome Property to Golden Predator
6/30/2009(Lucky Joe)Farms Out Its Lucky Joe Copper-Gold Project, Yukon
12/2/2008(Joss'alun)Joss'alun Drill Results
11/21/2008(Kalzas)Drill Results From Copper Ridge'S Kalzas Tungsten Project
9/15/2008(Kalzas)Drilling Commences At Copper Ridge'S Kalzas Tungsten Project
9/9/2008(Joss'alun)Drill Mobilized To Copper Ridge's Joss'Alun Copper Project
8/21/2008(Ironman)Ironman Iocg Project Drill Results
3/4/2008(Copper Ace)Copper Ace Drilling Completed
2/4/2008(Scheelite Dome)Scheelite Dome Drilling Intersects 10.1 M Of 2.21 G/T Gold
1/25/2008(Clear Lake)Acquires Clear Lake Zinc-Lead-Silver Deposit
1/11/2008(Copper Ace)New Porphyry Target To Be Drilled At Copper Ace Project
10/3/2007(Lucky Joe And Shamrock)Final Lucky Joe Drill Results 1500 m Copper-Gold Zone Define...
9/24/2007(Tintina Gold Belt)Riverside Commences Drilling At Copper Ridge'S Scheelite Dom...
9/1/2007(Lucky Joe And Shamrock)Initial Drill Results Lucky Joe Cu-Au Project
8/29/2007(Borealis)Confirms U Values At Borealis Airborne Radiometric Survey Co...
8/14/2007(Kalzas)Farms Out Kalzas Tungsten Property
6/12/2007(Lucky Joe And Shamrock)Drilling Underway At Copper Ridge's Lucky Joe Cu-Au Project
5/25/2007(Copper Ace)Drilling is Underway at the Copper Ace South Project
Corporate news of
5/6/2011to Exhibit at the Las Vegas MoneyShow
5/6/2011Proposes Name Change to Redtail Metals Corp.
4/20/2011Announces Close of $1.1 Million Private Placement
6/7/2010Drilling Commences At Copper Ridge's Yukon
9/30/2009Announces Option On Quaterra Resources' Alaskan Cu-Ni-Pge Pr...
6/5/2009to Sell Interest in Four Gold Projects to Golden Predator
5/29/2009Financing
11/25/2008Correction to Drill Results Kalzas Tungsten Project
11/13/2008Exploration Update
7/30/2008Exploration Update
6/27/2008Ironman Iocg Drilling Underway
6/25/2008Exploration Season Underway
6/17/2008Announces Closing of $600,000 Financing with the Mineralfiel...
5/29/2008Announces $600,000 Financing With The Mineralfields Group
4/11/2008 Update Up To Seven Projects To Be Drilled In 2008
2/7/2008Drilling Underway At Sheridan Copper-Moly Porphyry Target
9/17/2007Ironman IOCG Project Update
8/9/2007's Babine Project, B.C. - New copper-gold porphyry deposit a...
8/8/2007Copper Ace results
7/10/2007Farms Out Yukon Olympic IOCG Property
6/26/2007CVRD Inco Options Copper Ridge's Ironman IOCG Property
5/19/2007Greg Dawson Appointed To Board Of Directors
5/9/2007Acquires B.C. Copper-Gold Porphyry Deposit
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