Goldrea Announces Non-Brokered Private Placement
September 17, 2012 - Vancouver, British Columbia
Goldrea Resources Corp. (GOR-TSX.V; Frankfurt-GOJ; Pink Sheets-GORAF) (“Goldrea” or the “Company”) announces the Company is raising by way of Non-Brokered Private Placement, up to $500,000 through the issuance of up to 16,666,666 units (“Units”) at a price of $0.03 per Unit.
Each Unit is comprised of one common share in the capital of the Company (a “Share”) plus a two year share purchase warrant (a “Warrant”). Each Warrant entitles the holder to purchase one common share at a price of $0.05 in the first year and $0.10 in the second year from the date of issuance.
This Private Placement could be subject to finders’ fees which will be paid in accordance with the TSX Venture Exchange policies and is subject to the approval of the regulatory authorities.
Goldrea would also like to announce that it seeks approval from the TSX Venture Exchange (the “Exchange”) for a two year extension for the 7,918,000 outstanding share purchase warrants (the “November Warrants”) issued pursuant to the Company’s private placement at a price of $0.06 per unit completed on November 5, 2010. Each November Warrant is exercisable for one common share at an exercise price of $0.10 per common share. The November Warrants were due to expire on November 5, 2012.
The new expiry date for the November Warrants is November 5, 2014.
About Goldrea Resources Corp:
Goldrea Resources Corp. is a mineral exploration and development company that is engaged in the acquisition, exploration and development of mineral properties in North American and China.
GOLDREA RESOURCES CORP.
James Elbert
President and Cheif Financial Officer
Information Contact
James Elbert
Telephone: 604-531-9639 Facsimile: 604-531-9634
Email: info@goldrea.com
www.goldrea.com
Cautionary Notice: The Reader is cautioned that the full Cautionary Notice is not attached to this email. The reader is requested to access the news release on the Company’s website at www.goldrea.com or at SEDAR at www.sedar.com to read the full Cautionary Notice. The full Cautionary Notice is not attached as the recipient’s spam filters frequently block receiving emails containing the full Cautionary Notice.
This message was sent to .com from:
The Reaugh Group | 2a 15782 Marine Drive | White Rock, BC V4B 1E6, Canada |
Email Marketing by |
|
Goldrea Resources Corp.
|
|
EXPLORATION STAGE |
CODE : GOR.V |
ISIN : CA3814281018 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Goldrea Resources is a gold producing company based in Canada. Goldrea Resources holds various exploration projects in Canada and in China. Its main exploration properties are DOBBIN II, CROWREA, DOBBIN I, FLAP, EMPRESS, UNGAVA and BX CLAIMS in Canada and DAYE in China. Goldrea Resources is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 753 800 as of today (US$ 691 536, € 516 093). Its stock quote reached its highest recent level on December 29, 2006 at CA$ 0.85, and its lowest recent point on July 30, 2014 at CA$ 0.01. Goldrea Resources has 75 380 000 shares outstanding. |