AntOro Completes a $211,200 Private Placement.MONTREAL Montreal (mŏn'trēôl`), Fr. Montréal (môNrāäl`), city (1991 pop. 1,017,666), S Que., Canada, on Montreal island, surrounded by St. Lawrence River and Rivière des Prairies. -- AntOro Resources Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ORE) wishes to inform its shareholders that it has arranged a private placement of $211,200. This placement consists in the issuance of 192 units at a price of $1,100 per unit.Each unit will consist in the issuance of twenty thousand (20,000) common treasury shares at $0.055 per share and ten thousand (10,000) common share purchase warrants. Each complete warrant allows the buyer to buy an additional share at $0.10 per share until December 31, 2007. Three subscribers have purchased this private placement, of which Francois Desrosiers, AntOro's president who has purchased sixty (60) units representing 1,200,000 common treasury shares and 600,000 share purchase warrants.The units are subject to a four (4) month hold period from the date the Company received the funds. The proceeds from the private placement will be used for general working capital purposes and to identify and secure potential overseas projects. The Company also wishes to announce that, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. release conditions provided by the new Escrow Agreement Escrow Agreement A certificate provided by an approved bank that guarantees the indicated securities are deposited at that particular bank. Notes: For example, an investor who writes a call option and can present an escrow agreement is considered covered. entered into on June 19, 2003 pursuant to the 375,000 common shares of the Corporation held by Mr. Francois C. Desrosiers, an additional block of 56,250 common shares of the Corporation, which represents 15% of the escrowed securities, will be released on February 18th , 2006.This release is made pursuant to the new release conditions approved by canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. security authorities. The TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. does not accept responsibility for adequa cy or accuracy of this release. AntOro Resources Inc. (TSX VENTURE:ORE) |
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