|July 05, 2011|
Company Announces $300,000 Flow-Through Private Placement
|July 5, 2011, Vancouver, BC - ( CNSX:ARO) Les Kjosness, President & CEO, is pleased to announce it has arranged a non-brokered private placement of up to 2,000,000 flow-through units at a price of $0.15 per unit for gross proceeds of up to $300,000. |
Each unit will consist of one common share and one _ warrant at a price of $0.20. Funds from this private placement will be used to continue exploration of the Company's two British Columbia properties: the Waverley-Tangier gold/silver/zinc property north of Revelstoke and to initiate exploration of the LD gold property southeast of Atlin.
On behalf of the Board,
President and Director
For further information:
Les Kjosness: 604-408-6500
Kirsti Mattson: 778-434-2241Media
The CNSX has neither approved nor disapproved of the 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.
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