Each unit consists of one common share of the Company ("share") and one half of one non-transferable share purchase warrant ("warrant"). Each full warrant entitles the holder to acquire one additional share at
The Company will issue 85,000 shares to H. Beiles as finder's fee.
In addition, the Company received gross proceeds of
The proceeds of the Placement will be used to pay contributions to the registered capital of the Chinese joint venture company "Hebei
ON BEHALF OF THE BOARD "Hermann Derbuch", Chairman & CEO Gold World Resources Inc.
Certain of the statements made and information contained herein is "forward-looking information" within the meaning of the Securities Act (Alberta), including statements concerning Gold World Resources' plans for the Property, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Gold World Resources, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such information contained herein represents management's best judgment as of the date hereof based on information currently available.
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
%SEDAR: 00011137E
For further information: For further information: Hermann Derbuch, P.Eng., Tel.: (416) 594-9888, Fax: (416) 594-1967
Share this article