Re: News Releases - Tuesday, July 17, 2007
Non-Brokered Flow-Through Private Placement Closes
Peter M. D. Bradshaw, Ph.D., P. Eng, President and Chief Executive
Officer of First Point Minerals Corp. (TSXV: FPX) announced today that,
further to its news release dated June 28, 2007, it has closed the
non-brokered private placement for gross proceeds of $243,000. The
private placement comprised 1,350,000 flow-through shares ("FT Shares")
at a price of $0.18 per FT Share.
The FT Shares issued pursuant to this private placement are subject to
a 4 month hold period and may not be traded until November 18, 2007.
The Company will use the proceeds from the private placement to expand
its exploration activities on its bulk tonnage nickel properties in
First Point Minerals Corp. is a Canadian precious and base metal
exploration company focused on the Americas. For more information,
please view: www.firstpointminerals.com or phone Peter M.D. Bradshaw,
President and CEO, or Ron Britten, VP of Exploration, at (604)
FIRST POINT MINERALS CORP.
"Peter M.D. Bradshaw"
Peter M.D. Bradshaw, President - TSX Venture Exchange: FPX
Suite 906 -- 1112 West Pender Street
Vancouver, BC Canada V6E 2S1
The TSX Venture Exchange has not reviewed, nor accepts responsibility
for the adequacy or accuracy of this news release.
Copyright (c) 2007 FIRST POINT MINERALS CORP. (FPX) All rights
reserved. For more information visit our website at
http://www.firstpointminerals.com/ or send
Message sent on Tue Jul 17, 2007 at 4:34:41 PM Pacific Time