Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

News Releases

 May 17, 2010
Company Completes First Tranche of Private Placement

 May 17, 2010 Vancouver, BC - (TSX.V-ARO) Les Kjosness, President & CEO, is pleased to announce that, subject to TSX Venture Exchange approval, the first tranche of the private placement announced April 20, 2010 for up to 3,000,000 units has closed. Each unit consists of one common share and one share purchase warrant. Phase One has completed 1,165,000 units with the remainder to be completed at a later date. A portion of Phase One is being completed with a member of the Board. The funds will be used for general corporate and administrative purposes.

A finder's fee may be payable.

Armadillo Resources mandate is to acquire, explore and develop base and precious metals properties throughout North America and we continue to seek out other properties to add to our portfolio.

On behalf of the Board,

'Les Kjosness'
President and Director

For further information:
Les Kjosness: 604-681-8222
Kirsti Mattson: 604-202-2484 media

Neither the 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. 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.

You can view the Next News Releases item: Thu Jun 24, 2010, Armadillo Completes Oversubscribed Private Placement

You can view the Previous News Releases item: Mon Apr 26, 2010, Company Acquires Mineral Claims in Saskatchewan

You can return to the main News Releases page, or press the Back button on your browser.

Update Email Sign Up
Show printable version of 'Company Completes First Tranche of Private Placement' in a New Window
Home  |  Corporate  |  Projects  |  News  |  Investors  |  QwikReport  |  Contact
© 2009 Armadillo Resources Ltd.  |  Disclaimer