Aranka Gold Announces Closing Of Financing.TORONTO -- Aranka Gold Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE:ARK ark, in the Bible. 1 Boat of Noah, which he built at God's command to preserve his family and certain creatures from the Deluge. 2 Ark of the Covenant, the sacred wooden chest of the Hebrews, representative of God or identified with Him. ) is pleased to announce that it has raised $1,062,500 pursuant to its non-brokered financing originally announced on December 14, 2005. In connection with the financing, Aranka Gold issued 1,250,000 units (the "Units") at a price of $0.85 per Unit. Each Unit consists of one common share of Aranka Gold and one share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional common share of Aranka Gold at a price of $1.35 per common share until December 22, 2007. E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]Securities issued pursuant to the financing have a 4 month and one day hold period which expires on April 23, 2006. Completion of the financing remains subject to the final approval of 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. . E[acute accent]About Aranka Gold Inc.: E[acute accent]Aranka Gold Inc. (TSX VENTURE:ARK) is a junior exploration company focusing on early stage gold exploration in the Guiana Shield The Guiana[1] Shield (Spanish: Guayana) is one of the three cratons of the South American Plate. It is a 1.7 billion year old Precambrian geological formation in northeast South America that forms a portion of the northern coast. . The Company also holds significant silver assets, including the former Langis Silver Mine in the Cobalt camp, Ontario, Canada. E[acute accent]Additional information is available at www.sedar.com. E[acute accent]The TSX Venture Exchange has not reviewed and does not accept resp onsibility for the adequacy or accuracy of this release. E[acute accent]Aranka Gold Inc. (TSX VENTURE:ARK) |
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