$600,000 Non-Brokered Private Placement
This private placement replaces the financing as announced in our prior news release of February 3, 2009.
An 8% Finders’ Fee payable in units under the same terms may be payable in compliance with the guidelines of the TSX Venture Exchange policies. Shares of the Company last traded at 12 cents.
Proceeds from the placement will be used for continued exploration on Company’s Monument Diamond Property at Lac de Gras NWT and for general corporate funds. The private placement proposed herein is subject to all necessary regulatory approvals.
Contact Ellen Clements at (800) 856-3966 or Larry Widmer at (250) 878 5099 for further information.
ON BEHALF OF THE BOARD
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.