Company News Releases...
December 21. 2005
Private placement completed
Vancouver B.C. December 21, 2005 - The Company has completed 520,450 units of
the non-brokered private placement announced on October 4, 2005 and amended on
November 22, 2005. The private placement units consisted of one share at a
purchase price of $4.00 per share, and one warrant to purchase an additional
share at a price of $4.00 exercisable for a period of two years. The shares
shall not be traded before April 2, 2006. The proceeds of the private placement
have been used for general working capital and continued exploration on the
Morrison & Hearne Hill properties. No finders fee or commission was payable for
this private placement.
On Behalf of the Board of Directors