VANCOUVER, Sept. 6 /CNW/ - Aldridge Minerals Inc. ("Aldridge" or the
"Company") (TSX-V: AGM) announced today a non-brokered private placement of
units ("Units") of securities at a price of $3.00 per Unit to raise gross
proceeds of a minimum of $3,000,000.
Each Unit will consist of one common share and one-half of one share
purchase warrant, with each full warrant entitling the holder to acquire one
additional common share at a price of $3.50 per share for a period of 12
months from closing.
The proceeds of the private placement will be used for continuing
exploration and drill programs on the Company's mineral properties in Turkey
and for general working capital purposes. The Company may pay a finder's fee
incidental to the financing in accordance with Exchange policies. The private
placement and payment of a finder's fee are subject to TSX Venture Exchange
Aldridge is active in the exploration and development of gold and base
metal projects in Turkey.
About Aldridge Minerals Inc.
Aldridge Minerals Inc. is a Canadian-based junior mining company formed
in 1994 as a minerals exploration company. Aldridge's current main project is
the Yenipazar gold, silver, copper, lead, and zinc deposit in central Turkey,
where the company has drilled 120 holes for resource definition since May
2007. The Company also holds the Derinkoy gold-silver exploration license in
the Pontide copper-gold belt of NE Turkey. For further information, please
About The Equicom Group Inc.
Equicom, a wholly-owned subsidiary of TSX Group Inc., is Canada's leading
provider of investor relations and strategic corporate communications
services. With proven expertise in developing and executing highly effective
strategic communications programs, and an extensive network of investment
community contacts, Equicom specializes in helping clients achieve their
capital markets objectives. Equicom offers a comprehensive suite of services
including: investor relations, media relations, annual report production,
multimedia and web design, web casting, live event management and corporate
branding. Equicom is headquartered in Toronto, with offices in Montreal and
Calgary. For further information, please visit www.equicomgroup.com.
The TSX Venture Exchange Inc. has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Hikmet Akin, President & Director, Aldridge
Minerals Ltd., Tel: (604) 737-2743, Email: firstname.lastname@example.org; Andreas Curkovic,
Investor Relations, The Equicom Group, Tel: (416) 815-0700 x262, Email: