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Windarra Minerals Ltd.

Published : August 20th, 2010

Windarra Minerals Ltd. Announces Private Placement

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Keywords :   K Street |

 

 

 

 

 

 

 

 

PRESS RELEASE

 

Windarra (WRA.V) Announces Private Placement

 

Vancouver, B.C. ? August 20, 2010:  Windarra Minerals Ltd. (WRA.V) announces, subject to regulatory approval, a non-brokered private placement of up to 900,000 units of its securities at a price of $0.15 per unit for gross proceeds of up to $135,000.  Each unit will consist of one flow-through common share and one common share purchase warrant entitling the holder to subscribe for one additional common share at a price of $0.20 for a period of two years from closing.

 

Proceeds received from the private placement are intended to be used to continue exploration work on the Company?s Mishi leases in Ontario.

 

The offering is expected to close on or about September 18, 2010 and is subject to certain conditions and to the receipt of all required regulatory approvals and consents, including the approval of the TSX Venture Exchange.  The securities of the Company issuable pursuant to the private placement will be subject to a Canadian hold period expiring four months and one day after the closing date.

 

The securities proposed to be offered in the private placement have not been registered under the U.S. Securities Act of 1933, as amended, or any State securities laws, and may not be offered or sold in the United States or to U.S. Persons absent registration or an applicable exemption from the registration requirements.

 

 

On behalf of the Board of Directors

 

?John Pallot?

 

President

 

For further information, please contact:

John Pallot, President

2300 ? 1066 West Hastings Street, Vancouver, BC, V6E 3X2

Tel: (604) 688-1508 Fax: (604) 601-8253

Email: info@windarra.com, Website: www.windarra.com

 

 

* * * * *

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Windarra Minerals Ltd.

CODE : WRA.V
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Windarra Min. is a gold exploration company based in Canada.

Windarra Min. holds various exploration projects in Canada.

Its main exploration properties are MAGNACON, JAMES BAY LOWLANDS CLAIMS and PUKASKWA in Canada.

Windarra Min. is listed in Canada. Its market capitalisation is CA$ 2.2 millions as of today (US$ 2.1 millions, € 1.6 millions).

Its stock quote reached its lowest recent point on December 09, 2002 at CA$ 0.01, and its highest recent level on December 22, 2005 at CA$ 0.55.

Windarra Min. has 36 847 000 shares outstanding.

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Financings of Windarra Minerals Ltd.
8/20/2010Windarra Minerals Ltd. Announces Private Placement
6/6/2007CLOSES PRIVATE PLACEMENT; DRILLING BEGINS ON PUKASKWA PROPER...
5/14/2007Arrange Private Placement
Nominations of Windarra Minerals Ltd.
5/18/2010Windarra Minerals Ltd. appoints consultant for Africa
Project news of Windarra Minerals Ltd.
7/17/2013Wesdome and Windarra Announce Letter of Intent Regarding Acq...
2/9/2011to Drill Mishi Leases Gold Targets
6/9/2009(Pukaskwa)Closing of Magnacon Purchase and execution of the Pukaskwa
10/26/2007(Valentine Lake (leprechaun)) Complete Results for Diamond Drilling of Windarra's Pukaskw...
8/8/2007(Valentine Lake (leprechaun))Channel Sampling with Metallic Screen Assaying Shows that Fi...
7/26/2007(Valentine Lake (leprechaun))First Five Drillholes Confirm Excellent Potential of Gold Mi...
Corporate news of Windarra Minerals Ltd.
10/1/2013Wesdome Gold Mines and Windarra Minerals Announce Closing of...
9/23/2013Shareholders Approve Business Combination With Wesdome
7/30/2013Wesdome and Windarra announce definitive agreement regarding...
6/9/2011(WRA.V) Intersects Broad Zones of Near-Surface Gold Minerali...
5/7/2008Sells shares of Westward Explorations Ltd.
2/29/2008Notice of Intention to Sell
1/3/2008 Acquires Mishi Leases and Royalty to Expand Ontario propert...
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