DB Frankfurt : 3CC    TSX-V : CLZ     Last: 0.19     Volume: 19500     Day High: 0.185     Day Low: 0.185
Spot Gold: Price $1267.90
Spot Silver: Price $17.45

News Releases

– 2008

Power Point Presentation Fact Sheet

Email Sign Up

print page
 
print page
 

Canasil closes $125,000 Placement from Blackcomb Minerals

Vancouver - Canasil Resources Inc. (Canasil, TSX-V: CLZ) announces that the TSX Venture Exchange has accepted for filing the non-brokered private placement of $125,000 for the issuance of 500,000 shares at a price of $0.25 per share from Blackcomb Minerals Inc., as announced on May 22, 2008. In accordance with securities legislation currently in effect, the shares will be subject to a statutory “hold period” of four months and one day.

The proceeds of the private placement will be used for continuing exploration programs on the Company’s mineral exploration projects and for working capital.

About Canasil:

Canasil is a Canadian mineral exploration company with interests in precious and base metal properties in Durango, Sinaloa and Zacatecas States, Mexico, and in British Columbia, Canada. The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. The Company is actively engaged in the exploration of mineral properties and evaluating additional acquisition opportunities.

For further information please contact:

Bahman Yamini
President and C.E.O.
Canasil Resources Inc.
Tel: (604) 709-0109
www.canasil.com

 

Corporate Communications
Vancouver: Doug Kerr
(604) 315-4400
Email: dkerr@shaw.ca

Calgary: Garth McTavish
Tel: (403) 618-7327
Email: garthmctavish@shaw.ca  

Toronto:
Tracy Weslosky or Fred Cowans
Pro-Edge Consultants Inc.
Tel: (416) 581-0177
Toll Free: (866) 544-9622
Email: fred@pro-edge.com
tracy@pro-edge.com

The TSX Venture Exchange has not reviewed and does not accept responsibility
for the adequacy or accuracy of the content of this news release.