Balloch Resources Ltd.: Private Placement Amended.

TORONTO Toronto (tərŏn`tō), city (1998 est pop. 2,400,000), provincial capital, S Ont., Canada, on Lake Ontario. Toronto is the largest city in Canada and since the 1970s has been one of the fastest-changing cities in North America, experiencing -- Balloch Resources Ltd. (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension VENTURE:BAH) today announced amendments to its private placement reported July 14, 2004.

In that report Balloch announced that it has reached an agreement to complete a non-brokered private placement financing under which it would issue up to 4.5 million units at a price of $0.18 each, subject to the 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. . Each unit was to consist of one common share and one-half of one share purchase warrant. Each full share purchase warrant was to entitle en·ti·tle
tr.v. en·ti·tled, en·ti·tling, en·ti·tles
1. To give a name or title to.

2. To furnish with a right or claim to something: the holder to acquire one additional common share at a price of $0.25 per share in the first year and $0.35 per share in the second year.

Under the revised terms of the private placement financing, Balloch will raise gross proceeds of up to $1,125,000 by issuing up to 4.5 million units at a price of $0.25 each. Each unit will consist of one common share of Balloch and one-half of one share purchase warrant. Each full share purchase warrant will entitle the holder to acquire one additional common share of Balloch at a price of $0.33 per share in the first year and $0.35 per share in the second year.

Balloch is a mineral exploration company with a 10% net profit interest in the El Molino mining concession owned by Lumina Lumina may refer to:

Chevrolet Lumina.
Lumina, Constanţa, a commune in Constanţa County, Romania
A type of white pumpkin.
One of the eight Elemental Spirits in the Super Nintendo game, Secret of Mana
the plural form of lumen

Copper Corp. The El Molino project lies contiguous Adjacent or touching. Contrast with fragmentation. See contiguous file. to Lumina's El Galeno mining concession in the Yanacocha district in Peru.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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Publication:	Business Wire
Date:	Aug 25, 2004
Words:	267
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