Vedron Announces Further Details of Financing
Vedron Gold Inc. (TSX-V: VG) (FRANKFURT: VN3) ("Vedron"), today announces that Primary Capital Inc. has exercised its over-allotment option in connection with Vedron's financing announced on January 19, 2007 bringing the total gross proceeds of the financing to $5,500,000. In addition, the allocation between Flow-Through and Hard Dollar units being sold has changed such that it is now expected that the financing will consist of approximately $3,500,000 of Flow-Through Units (changed from up to $4,000,000 before exercise of the over-allotment option previously) and approximately $2,000,000 of Hard Dollar Units (changed from up to $1,000,000 before exercise of the over-allotment option previously).
All other terms of the financing remain unchanged.
FOR FURTHER INFORMATION PLEASE CONTACT:
Tom Meredith
President, Vedron Gold Inc.
Tel: 416-368-0099
Website: www.vedron.com