VANCOUVER, Aug. 8 /CNW/ - Devonshire Resources Ltd., (TSX-V: DSH, OTCBB:
DSHRF) is amending its recently announced non-brokered private placement.
The private placement will now consist of 2 million units at $0.16 per
unit for gross proceeds of $320,000. Each unit will comprise one share and one
warrant, each warrant entitling the holder to purchase one share at $0.21 per
share for a period of two years. A 7% finders fee will be paid upon completion
of the financing.
ON BEHALF OF DEVONSHIRE RE
President and Director
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release. Statements in
this press release other than purely historical information, including
statements relating to the Company's future plans and objectives or expected
results, are forward-looking statements. Forward-looking statements are based
on numerous assumptions and are subject to all of the risks and uncertainties
inherent in the Company's business, including risks inherent in resource
exploration and development. As a result, actual results may vary materially
from those described in the forward-looking statements.
%SEDAR: 00021121E %CIK: 0001321847
For further information:
For further information: Tel: (604) 764-5099,