Andover Reports Private Placement Update

    VANCOUVER, Aug. 29 /CNW Telbec/ - ANDOVER VENTURES INC. ("Andover" or the
"Company") (AOX: TSX-V; R2X-FRANKFURT) reports today, further to the Company's
news release dated July 2, 2008, an update on its ongoing non-brokered private
placement (the "Private Placement") of 10,000,000 units (the "Units") at a
price of $0.50 per Unit for aggregate proceeds of up to $5,000,000.
    The Company closed the first tranche of the Private Placement consisting
of 1,920,000 Units on July 31, 2008, and the second tranche consisting of
130,000 Units on August 5, 2008.
    The Company expects it will complete a third and final tranche of the
Private Placement shortly.

    Andover's website:


    Signed:  "Gordon Blankstein"
    Gordon Blankstein-Director

    The TSX Venture Exchange has not reviewed not does it accept
    responsibility for the adequacy or accuracy of this press release.

For further information:

For further information: Investor Relations: Richard Martens,
1-604-682-2168, Int'l Toll Free: 1-800-266-4484, Facsimile: (604) 682-2169,; Renmark Financial Communications Inc.: Jen Power:; Neil Murray-Lyon:, (514) 939-3989, Fax: (514) 939-3717,

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890