Chapleau Resources Ltd. Receives Approval for $2.5 Million Private Placement
28 June 2008 - 4:22AM
Marketwired
CRANBROOK, BRITISH COLUMBIA -
Further to the Company's news release dated June 18, 2008, the
Company is pleased to announce that it has received TSX Venture
Exchange approval for and closed its private placement in respect
to 5,000,000 units, at the price of $0.50 per unit, to raise
proceeds of $2,500,000. All of the shares, warrants and any shares
issued upon exercise of the warrants comprising the units are
subject to a hold period and may not be traded in British Columbia
and Ontario until October 28, 2008 except as permitted by the
Securities Act (British Columbia) and Securities Act (Ontario) and
the Rules made thereunder and the TSX Venture Exchange.
BY ORDER OF THE BOARD OF DIRECTORS
CHAPLEAU RESOURCES LTD.
Ian Gendall/President
This news release may contain forward-looking statements
including but not limited to comments regarding the timing and
content of upcoming work programs, geological interpretations,
receipt of property titles, potential mineral recovery processes,
etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties.
Actual results may differ materially from those currently
anticipated in such statements.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: CHAPLEAU RESOURCES LTD. Cranbrook Office (250)
489-5156 (250) 489-5185 (FAX) CHAPLEAU RESOURCES LTD. Vancouver
Office (604) 669-8511 (604) 669-7712 (FAX) Email:
info@chapleauresources.com Website: www.chapleauresources.com
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