|February 18, 2011|
Company Completes $1,950,000 Private Placement
|February 18, 2011, Vancouver, BC - (TSX.V: ARO, CNSX: ARO) Les Kjosness, President & CEO, is pleased to announce the Private Placement of $1,950,000 announced on February 16, 2011 has been completed. The funds raised will be used to explore the newly acquired Amazon Basin Project in Brazil and to further develop the Waverley-Tangier gold/silver/lead/zinc project in British Columbia and for general corporate use.|
Armadillo Resources' mandate is to acquire, explore and develop base and precious metals properties throughout North and South America and, we continue to seek out other properties to add to our portfolio.
On behalf of the Board,
President and Director
For further information:
Les Kjosness: 604-408-6500
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. The CNSX also has neither approved nor disapproved of same. 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: Fri Feb 18, 2011, Company Increases Percentage of Acquisition and Signs Final Letter of Intent re Amazon Basin Project
You can view the Previous News Releases item: Wed Feb 16, 2011, Company Announces $1,950,000 Private Placement
You can return to the main News Releases page, or press the Back button on your browser.