BKS - CNSX
Frankfurt/Berlin Exchanges - WKN 871666
| February 13, 2009 Berkley Resources Announces Amendment to Private Placement | |
| Berkley Resources Inc. ("Berkley" or the "Company") wishes to announce an amendment to the private placement originally disclosed in a news release dated July 21, 2008. The total size of the private placement was reduced to 2,244,444 units at a price of $0.18 per unit from 2,800,000 units at a price of $0.18 per unit. Each unit consists of one common share and one nontransferable common share purchase warrant. Each warrant entitles the unit holders to purchase one additional share at a price of $0.30 until July 16, 2009. In addition, at the request of the TSX Venture Exchange, the Company canceled a total of 344,445 warrants issued in the private placement to insiders of the Company. The remaining 1,899,999 warrants continue to be outstanding. ON BEHALF OF THE BOARD "Matt Wayrynen" _________________________________ Matt Wayrynen Chief Executive Officer The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release | |
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