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Currie Rose Resources Inc.

Published : November 08th, 2007

Closes $1,668,800 brokered private placement by Bolder Invest

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CURRIE ROSE RESOURCES INC.
(the "Company")
Suite 102 110B Hannover Drive
St. Catharines, ON  L2W 1A4

Telephone:  (905) 688-9731

N E W S   R E L E A S E

November 8, 2007

Trading Symbol:  CUI

Closing of Brokered Private Placement of 5,215,000 units raises $1,668,800

Further to the Company's news release dated November 6, 2007, the Company is pleased to announce that it has received TSX Venture Exchange approval for and closed its private placement of 5,215,000 units at a price of $0.32 per unit to raise gross proceeds of $1,668,800. The Company currently has an additional $820,000 cash on hand.  Each unit is comprised of one common share and one-half of a non-transferable warrant, each whole warrant exercisable for a period of eighteen months into one additional common share.  Bolder Investment Partners, Ltd. and other registered dealers participating in the private placement earned 521,500 commission warrants exercisable for a period of eighteen months into common shares at a price of $0.45 per share, and were paid a cash commission of 7.5% of the gross proceeds, $20,280 of which was satisfied by the issuance of 63,375 units at a deemed price of $0.32 per unit.  All of the shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period and may not be traded until March 9, 2008 except as permitted by the Securities Act (British Columbia, Alberta or Ontario, as applicable) and the Rules made thereunder and the TSX Venture Exchange.

The majority of the proceeds from the private placement will be expended on the Mabale Hills gold property in Tanzania.

 

BY ORDER OF THE BOARD OF DIRECTORS OF
CURRIE ROSE RESOURCES INC.

"Harold Smith"                                  
Harold Smith, President

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

 

Currie Rose Resources Inc.

EXPLORATION STAGE
CODE : CUI.V
ISIN : CA2319004081
CUSIP : 231900
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Currie Rose Res. is a silver and copper exploration company based in .

Currie Rose Res. holds various exploration projects in Canada and in Tanzania.

Its main exploration properties are LAONIL LAKE and SUDBURY CURRIE ROSE in Canada and JUBILEE REEF, MABALE and NYAMIREMBE in Tanzania.

Currie Rose Res. is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.1 millions as of today (US$ 856 352, € 750 164).

Its stock quote reached its highest recent level on February 28, 1997 at CA$ 2.25, and its lowest recent point on July 20, 2017 at CA$ 0.01.

Currie Rose Res. has 35 701 313 shares outstanding.

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In the News and Medias of Currie Rose Resources Inc.
3/24/2006Information Memorandum
Financings of Currie Rose Resources Inc.
4/24/2013Non-Brokered Private Placement
11/8/2007Closes $1,668,800 brokered private placement by Bolder Inve...
Nominations of Currie Rose Resources Inc.
8/5/2008appoints Benn as VP exploration
Project news of Currie Rose Resources Inc.
2/3/2009(Mabale)Mabale exploration to focus on Mwamazengo
8/27/2008(Mabale) starts new phase of drilling at Mabale
6/25/2008(Mabale Hills)completes stage 1 drilling at Mabale Hills, Sizu River drill...
4/18/2008(Mabale Hills)DRILLING COMMENCES AT HIGH PRIORITY TARGETS MABALE HILLS GOL...
8/16/2007(Mabale)Begins drilling at Mabale Hills
7/26/2007(Mabale)Mwamazengo prospect in Tanzania continues to return good res...
6/14/2007(Mabale)Drills 31 m of 5.97 g/t Au in Tanzania
3/21/2007(Jubilee Reef)Identifies New Gold Target with JV Partner Barrick Gold
Corporate news of Currie Rose Resources Inc.
4/29/2013(Jubilee Reef)Liontown to Acquire 100% Ownership of Jubilee Reef Gold Proj...
4/18/2013Status of the South African Isibaya Acquisition, Amendment o...
1/31/2013Status of the South African Isibaya Aquisition
1/9/2013Status of the South African Isibaya Acquisition
12/11/2012(Tanzania)Significant Gold Intersection From Drilling at Jubilee Reef ...
11/7/2012Acquires Properties in South Africa
7/6/2011News Release July 5, 2011
7/5/2011(Mabale Hills)Completes First Three Holes at Mabale Hills Project
6/9/2011(Tanzania)Prepares for 10,000 Metre Drill Program in Tanzania
2/25/2009to fully acquire Lake Victoria properties
5/2/2007(CUI-TSXV) drills 15 m of 4.7 g/t Au at Mwamazengo
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