MONTREAL, June 5 /CNW Telbec/ - Caldera Resources Inc. reports today that
it intends to raise up to $250,000 by way of a non-brokered private placement
financing. The funds raised will be used for general working capital and for a
potential investment towards acquiring a property in Southeastern Europe or
The Company will be offering Units priced at $1,000. Each Unit will be
comprised of 50,000 common shares of the Company at $0.02 and 50,000 share
purchase warrants expiring 2 years from closing. Each warrant may be exercised
at $0.05 per share in the first twelve months and $0.10 thereafter, until
expiry. Closing will occur on or before July 15, 2009.
Further to visits with mine owners, geologists and government officials
in Serbia, Albania and Armenia, by officers of the Company over the last three
months, management is investigating projects for potential investment.
About Caldera Resources Inc.
Caldera Resources Inc. is focusing on projects that are amenable to
bioleaching and atmospheric chloride leaching technologies, to recover base
metals and precious metals from mine waste and tailings. These technologies
can also be used in traditional mining operations to enhance recoveries where
traditional mining methods are challenged. The Company is seeking
opportunities, including advanced exploration projects in South Eastern Europe
and the Caucuses, and more specifically in Serbia, Albania, FYROM and Armenia.
The Company has established a Strategic Alliance Agreement with BacTech
Mining Inc. of Toronto, to provide bioleaching solutions to potential sulphide
base metal and refractory gold projects. The Company has also established a
similar agreement with NMR360 Laboratories of Montreal, to provide chloride
leaching solutions for complex ores.
Caldera owns 100% of the Ellendale East and Runton diamond exploration
properties in Australia. Caldera is investigating the Gjegjan Copper Waste
project in Northeastern Albania, where it has a letter of intent with the
owner of the property.
THIS NEWS RELEASE MAY INCLUDE CERTAIN "FORWARD-LOOKING STATEMENTS". ALL
STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACT, INCLUDED IN THIS RELEASE
INCLUDING FUTURE PLANS AND OBJECTIVES OF CALDERA, ARE FORWARD-LOOKING
STATEMENTS THAT INVOLVE VARIOUS RISKS AND UNCERTAINTIES. THERE CAN BE NO
ASSURANCE THAT SUCH STATEMENTS WILL PROVE TO BE ACCURATE AND ACTUAL RESULTS
AND FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SUCH
STATEMENTS NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.
For further information:
For further information: Bill Mavridis, President, Caldera Resources
Inc., (514) 813-9200, email@example.com,
www.calderaresources.com/blog; Follow us on twitter at