Listing (TSXV = LO)
ROUYN-NORANDA, QC, Oct. 29 /CNW Telbec/ - LOUNOR EXPLORATION INC. is
pleased to announce the negotiation of a private placement of CDN $30,000. The
private placement will be of 150,000 common shares at a price of $0.20 per
share. Each share is accompanied of one of a purchase warrant valid for a
period of 24 months. One warrant allows the subscriber to purchase one common
share of the Company at a price of $0.27 per share.
The securities issued pursuant to this private placement are subject to a
hold period of four months from closing. This placement is subject to the
approval of the regulatory authorities.
LOUNOR EXPLORATION INC. is a publicly traded company on the TSX-Venture
This Press Release was prepared by LOUNOR EXPLORATION INC. and the TSX
Venture has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: Mr. Gilles Fiset, President, 1-800-388-8668,
(819) 797-8668, Fax: (819) 797-6050