Dunav Resources Ltd. Announces Increase in Private Placement
02.06.2011 | Marketwire
Not for distribution to United States newswire services or for dissemination in the United States.LONGUEUIL, QUEBEC -- (Marketwire - June 2, 2011) - Dunav Resources Ltd. (TSX VENTURE: DNV) announces that, subject to TSX Venture Exchange approval, it has increased the size of its previously announced non-brokered private placement offering from 18,333,334 units to 21,209,933 units at a price of $0.60 per unit, for gross proceeds of up to $12,725,960. All other terms contained in the previous announcement remain unchanged.
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 release.
About the Company
The Company is a mineral exploration company. It has entered into an option agreement and an acquisition agreement to acquire mineral properties in Serbia. These two agreements are subject to a number of conditions, including, but not limited to, receipt of TSXV acceptance. Additional information about the Company is available on SEDAR at www.sedar.com. and at www.queenslandminerals.com. A new website is under construction.
This press release contains forward-looking information. In particular, this press release contains statements concerning the completion of a private placement. Although the Company believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Forward-looking information is subject to known and unknown risks and uncertainties, and depends on assumptions and other factors, all of which may cause actual results or events to differ materially from those anticipated in the forward-looking information. The forward-looking statements contained in this press release are made as of the date hereof and the Company undertakes no obligations to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
Contact Information
James Crombie
President and Chief Executive Officer
450-677-3868
450-677-2601 (FAX)
info@queenslandminerals.com
www.queenslandminerals.com