Columbus Energy Ltd.: Private Placement-8,250,000 Units to Raise $412,500
06 5월 2010 - 5:28AM
Marketwired
Columbus Energy Ltd. (TSX VENTURE: CEL) -
The Company has now closed a private placement for 8,250,000
units at $0.05 per unit to raise $412,500 first announced December
17, 2009.
Each unit will consist of one common share and a transferable
five year purchase warrant allowing the purchaser to purchase an
additional share at a price of $0.10.
Paul Ray, President of Columbus Energy, subscribed for 1,000,000
units. A finder's fee of 345,000 shares of the company was paid to
Clive Campbell.
The shares issued from this placement are subject to a 4 month
hold period and cannot be traded before September 01, 2010.
This news release includes certain "forward-looking statements".
All statements other than statements of historical fact included in
this release, including, without limitation, statements regarding
potential mineralization, exploration results and future plans and
objectives of the Company are forward-looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Company's expectations include market
prices, exploitation and exploration results, availability of
capital and financing, general economic, market or business
conditions, uninsured risks, regulatory changes, defects in title,
availability of personnel, materials and equipment, timeliness of
government approvals, unanticipated environmental impacts on
operations and other exploration risks detailed herein and from
time to time in the filings made by the Company with securities
regulators. The Company expressly disclaims any intention or
obligation to update or revise any forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Columbus Energy Limited Douglas W. Scheving Director
and Corporate Secretary (604) 684 7619 (604) 684 7346 (FAX)
Columbus Energy Limited (TSXV:CEL)
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