WKN 894000
Gerade über den NEws Wire:
LALO schließt 1,8 Mio. Finanzierung!
Somit können hier endlich die Bohrarbeiten in Weltklasseprojekten wie in Kyrgyzstan beginnen.
Bisher konnte die Aktie von LAlo auch ohne News gut steigen. Was erst mit guten Nachrichten!? Bin mir sicher, Lalo wird heute in Kanada locker 10-20% machen. und ich erwarte mehr News in naher Zukunft......Bohrungen....Bohrergebnisse.....
chart.yahoo.com/c/1y/l/lal.v.gif" style="max-width:560px" >
Hier die NEWS:
www2.ccnmatthews.com/scripts/...ease.pl?/current/0422007n.html
Lalo closes Private Placement
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Apr 22, 2004) - Lalo
Ventures Ltd. today announced the closing of a \$1.9 million
private placement financing. As announced on November 10, 2003,
Lalo has placed 3,285,000 units on a non-brokered basis at \$0.60
per unit private placement. Each unit consists of one share and
one share purchase warrant, exercisable at \$0.94 with a two year
expiry.
Proceeds are to be used to advance Lalo`s portfolio of gold
projects and for general working capital. An initial phase of
drilling will be funded for the Kyldoo Gold Project in
Kyrgyzstan. The Savoyardy Gold Project in Kyrgyzstan will be the
focus of a first stage exploration drill program. Finally, the
acquisition of the Karamurun Gold Project in Kazakhstan is
continuing, with due diligence nearing completion.
Lalo Ventures Lalo Ventures is committed to building value
through the acquisition, exploration, and development of major
gold resources in Central Asia. Phase 1 drill programs at three
high quality gold projects are planned this Spring. At the Kyldoo
project in Kyrgyzstan, gold grades range to 24 grams per tonne
and favourable geology has been traced over a 20km strike.
Concurrent drilling at the Savoyardy project, also in Kyrgyzstan,
will test for extensions to the existing (Soviet calculated) 1.1
million ounce gold resource. Drilling at the Karamurun Goldfields
in Kazakhstan will test the 160 square kilometre Carlin-type host
area for continuity of gold mineralization.
On behalf of the Board of Directors,
Damien Reynolds, President and Director
Statements in this press release other than purely historical
information, including statements relating to the Company`s
future plans and objectives or expected results, constitute
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 mineral exploration and development. As a result,
actual results may vary materially from those described in the
forward-looking statements.
52-week range \$0.15-\$1.15
13.8 million Shares Outstanding
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Lalo Ventures Ltd.
Damien Reynolds
President and Director
(604) 683-6185 or Toll Free: 1-877-683-6185
Website: www.LaloVentures.com
Gerade über den NEws Wire:
LALO schließt 1,8 Mio. Finanzierung!
Somit können hier endlich die Bohrarbeiten in Weltklasseprojekten wie in Kyrgyzstan beginnen.
Bisher konnte die Aktie von LAlo auch ohne News gut steigen. Was erst mit guten Nachrichten!? Bin mir sicher, Lalo wird heute in Kanada locker 10-20% machen. und ich erwarte mehr News in naher Zukunft......Bohrungen....Bohrergebnisse.....
chart.yahoo.com/c/1y/l/lal.v.gif" style="max-width:560px" >
Hier die NEWS:
www2.ccnmatthews.com/scripts/...ease.pl?/current/0422007n.html
Lalo closes Private Placement
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Apr 22, 2004) - Lalo
Ventures Ltd. today announced the closing of a \$1.9 million
private placement financing. As announced on November 10, 2003,
Lalo has placed 3,285,000 units on a non-brokered basis at \$0.60
per unit private placement. Each unit consists of one share and
one share purchase warrant, exercisable at \$0.94 with a two year
expiry.
Proceeds are to be used to advance Lalo`s portfolio of gold
projects and for general working capital. An initial phase of
drilling will be funded for the Kyldoo Gold Project in
Kyrgyzstan. The Savoyardy Gold Project in Kyrgyzstan will be the
focus of a first stage exploration drill program. Finally, the
acquisition of the Karamurun Gold Project in Kazakhstan is
continuing, with due diligence nearing completion.
Lalo Ventures Lalo Ventures is committed to building value
through the acquisition, exploration, and development of major
gold resources in Central Asia. Phase 1 drill programs at three
high quality gold projects are planned this Spring. At the Kyldoo
project in Kyrgyzstan, gold grades range to 24 grams per tonne
and favourable geology has been traced over a 20km strike.
Concurrent drilling at the Savoyardy project, also in Kyrgyzstan,
will test for extensions to the existing (Soviet calculated) 1.1
million ounce gold resource. Drilling at the Karamurun Goldfields
in Kazakhstan will test the 160 square kilometre Carlin-type host
area for continuity of gold mineralization.
On behalf of the Board of Directors,
Damien Reynolds, President and Director
Statements in this press release other than purely historical
information, including statements relating to the Company`s
future plans and objectives or expected results, constitute
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 mineral exploration and development. As a result,
actual results may vary materially from those described in the
forward-looking statements.
52-week range \$0.15-\$1.15
13.8 million Shares Outstanding
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Lalo Ventures Ltd.
Damien Reynolds
President and Director
(604) 683-6185 or Toll Free: 1-877-683-6185
Website: www.LaloVentures.com