NEWS RELEASES
April 13, 2011
TSX Venture Exchange Accepts Private Placement
Vancouver, British Columbia, Canada, March 15, 2011 – The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 3, 2010.
Shares:22 million
Price:five cents
Warrants:22 million share purchase warrants to purchase 22 million shares
Exercise price:10 cents for a one-year period; 15 cents in the second year; 20 cents in the third year; 30 cents in the fourth and fifth years
Hidden placees:40
Pro groups:Anthony Chow 100,000; Brad Wait 300,000
Insiders:Craig Walker 100,000; Yvonne Yeung 60,000; Cathy Lin 30,000
Finder's fee:$65,200 payable to Li Wei
Disclaimer and Cautionary Statement Regarding Forward-Looking Information
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 press release.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in any and all jurisdictions.
All statements, trend analysis and other information contained in this press release relative to markets about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements. Forward-looking statements are based on estimates and opinions of management at the date the statements are made. The Company does not undertake any obligation to update forward-looking statements even if circumstances or management’s estimates or opinions should change. Investors should not place undue reliance on forward-looking statements.
Cooper Minerals Inc. seeks safe harbor.
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