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ATW Gold Corp

Publié le 18 mars 2008

Increases Private Placement To $11,400,000

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ATW Venture Corp. Increases Private Placement To $11,400,000

March 18, 2008

Vancouver, BC – News Release - ATW Venture Corp. (ATW: TSX-V) (Frankfurt: A3N), (“ATW” or “the Company”), is pleased to announce that it has increased the amount of its brokered private placement led by PI Financial Corp. (the “Agent”) from up to 10,000,000 units (the “Units”) to up to 12,000,000 units. 

Each Unit is priced at $0.95 per Unit to raise total proceeds of up to $11,400,000, up from the originally announced proceeds of up to$9,500,000 (the “Offering”).

The Offering was first announced in a news release dated February 29, 2008.

Each Unit will still consist of one common share and one transferable common share purchase warrant (“Warrant”). Each Warrant will still be exercisable into one additional common share (“Common Share”) of the Company for two years from the closing date of the Offering (the “Closing Date”) at an exercise price of $1.35 per common share for the first year following the Closing Date, and for $1.50 for the second year following the Closing Date.

The Agent’s consideration for acting as agent remains unchanged from the news release of February 29, 2008.

All securities issued pursuant to this financing will be subject to a 4-month hold period from the Closing Date.  The Offering is subject to approval from the TSX Venture Exchange and any other regulatory approvals.

Proceeds of the private placement will be used to fund ATW's Burnakura Gold Mine, increased exploration, potential future acquisitions and for general working capital.

About ATW Venture Corp.
ATW Venture Corp. is the owner of the Burnakura Gold Mine, located in the West Yilgarn goldfields of Western Australia.  The Burnakura Gold Mine consists of 58.8 square km of mining leases and prospecting licenses, a fully permitted 160,000 tonne per annum (450 tpd) CIL gold plant, rolling stock, underground equipment, workshops, office space and a 90 man camp.  The project covers 12km of prospective strike length along a major auriferous shear zone and mesothermal gold system.  Historic production on the project focused on lower grade surface oxides, which had been historically mined from 15 open pits stretching along the entire 12 km of strike length. ATW's current focus is to streamline production facilities at Burnakura, with a goal of pouring the Company’s first gold in late 2008.
 
To find out more about ATW Venture Corp., please contact Luke Norman at 604-662-8184 or email investor@atwventure.com.  You may also visit our website at www.atwventure.com.

ATW VENTURE CORP.

“Andrew Bowering”

Andrew Bowering
Director and CFO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
“This news release may contain forward–looking statements.  Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties.  Actual results may differ materially from those currently anticipated in such statements.”

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

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ATW Gold Corp

EN DÉVELOPPEMENT
CODE : ATW.V
CUSIP : 049875
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ATW Gold est une société de production minière d'or basée au Canada.

ATW Gold détient divers projets d'exploration en Australie.

Son principal projet en développement est BURNAKURA MINE en Australie et ses principaux projets en exploration sont COBRA GOLD, GULLEWA, GUNBARREL PROJECT et GAYSCONE en Australie et AMARILLO en Argentine.

ATW Gold est cotée au Canada. Sa capitalisation boursière aujourd'hui est 634 800 CA$ (507 556 US$, 468 352 €).

La valeur de son action a atteint son plus haut niveau récent le 26 mars 2010 à 3,00 CA$, et son plus bas niveau récent le 14 février 2020 à 0,01 CA$.

ATW Gold possède 63 480 000 actions en circulation.

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Rapports annuels de ATW Gold Corp
2007 Annual Report
Financements de ATW Gold Corp
18/03/2008Increases Private Placement To $11,400,000
Projets de ATW Gold Corp
05/03/2009(Burnakura Mine)Work Resumes at New Dawn's Blue Dot Mine Development Project
04/03/2009(Burnakura Mine)ATW Receives Government Approval to Begin Mining Operations ...
19/06/2008(Gullewa)43-101 Compliant Technical Report Confirms Upwards of 850,00...
01/05/2008(Gullewa) Initiates Gravity Survey on 750 km2 Gullewa Project
25/04/2008(Burnakura Mine)Burnakura Drill Results - April
18/04/2008(Gullewa) Closes Purchase Of Gullewa Gold Mine Project
16/04/2008(Amarillo)Amarillo Drilling Update
28/02/2008(Burnakura Mine) Expands Burnakura Drills 11. 2 gpt Gold Over 9 Meters
13/02/2008(Amarillo)Re-commences Drilling at Amarillo
08/02/2008(Carp)Review of 2007 Exploration on the Carp Property
07/02/2008(Burnakura Mine)Completes 10 Drill Holes on Burnakura Property
21/01/2008(Burnakura Mine)Resource Expansion Drilling Begins at the Burnakura Gold Min...
28/05/2007(Amarillo)Provides Update on Drilling at Marifil's Amarillo Copper-Gol...
Communiqués de Presse de ATW Gold Corp
25/11/2015AtmanCo Announces the Results of Third Quarter for 2015
29/10/2015AtmanCo Hires Simon Bedard as Their New CFO
27/10/2015AtmanCo Announces the Signing of a Strategic Agreement With ...
25/10/2015Redefining Women and Leadership
02/09/20155 things to do to screw up your Organizational Culture
28/08/2015AtmanCo Announces the Results of Second Quarter for 2015
14/07/2015AtmanCo Launches Solution on Salesforce AppExchange, the Wor...
12/06/2015AtmanCo Announces an Expansion of Their Reach Thanks to The ...
15/04/2015AtmanCo Grants New Option Shares
26/11/2014AtmanCo Announces the Results of Third Quarter for 2014
04/09/2014AtmanCo Announces Solution on Salesforce AppExchange, the Wo...
27/08/2014AtmanCo Announces the Results of Second Quarter for 2014
02/06/2014AtmanCo Completes the Sale of the Assets of the Cyberhealth ...
27/05/2014AtmanCo Announces the Signing of a Letter of Intent in Relat...
27/05/2014AtmanCo Announces the Results of First Quarter for 2014
09/05/2014AtmanCo Closes an Agreement with Transat
02/05/2014AtmanCo: Expanding Into a New Market from San Francisco
01/05/2014AtmanCo: Expanding Into a New Market from San Francisco
23/09/2009Files Suit for Kinbauri Break Up Fee
02/07/2009Batavia Elects to Take 4 Million Shares in Lieu of Cash Paym...
02/04/2008Corporate Update
01/04/2008Closes Second Tranche of Financing for Proceeds of $1,781,25...
13/03/2008To Acquire Gullewa Gold Mine
18/10/2007to Purchase Burnakura Gold Mine Project Concurrent Financing...
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