| Newstrike Resources Announces $140,000 Non-Brokered Private Placement | |
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Microsoft Word - PR_March152007.DOC
NEWSTRIKE RESOURCES LTD.
NEWSTRIKE RESOURCES ANNOUNCES $140,000 NON-BROKERED PRIVATE PLACEMENT
Toronto, Ontario, March 15, 2007 - Newstrike Resources Ltd. (TSX-V: NR) ("Newstrike" or the "Corporation") is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to $140,000 through the issuance of an aggregate of
350,000 flow-through shares ("Flow-Through Shares") at a price of $0.40 per Flow-Through
Share.
Up to 200,000 of the flow-through shares offered by the Corporation, may be purchased by insiders and associates of insiders of the Corporation. All of securities issued and issuable in connection with the financing will be subject to a hold period until the date that is four months and one day following the closing of the financing.
The private placement is subject to the approval of the TSX Venture Exchange. For additional information, please contact:
Donald T. Rankin: 416.628.6556
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.
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Newstrike Resources Ltd.
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EXPLORATEUR |
CODE : NR.V |
ISIN : CA6525081023 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Newstrike Res. est une société d’exploration minière d'or basée au Canada. Newstrike Res. détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont COMMODORE PROPERTY, JEAN PROPERTY et FALCONBRIDGE au Canada. Newstrike Res. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 7,9 millions CA$ (6,0 millions US$, 5,6 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 1,04 CA$, et son plus bas niveau récent le 26 février 2016 à 0,02 CA$. Newstrike Res. possède 54 220 000 actions en circulation. |