| |
| | Mon Jul 27, 2009
Private Investors Increase Shareholdings
|
| | THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES
PRIVATE INVESTOR INCREASES SHAREHOLDINGS
National Instrument 62-103 Report Disclosure
The Company is advised, further to its news release dated July 21, 2009, that Arlyn James Miller ("Miller"), of 1560 Broadway, Suite 2200, Denver, Colorado, USA, acquired 10,000,000 units of the Company. After giving effect to the acquisition referred to above, Miller beneficially owns 32,401,700 common shares, 18,000,000 share purchase warrants, and has entered into an agreement to purchase an additional 4,000,000 common shares and share purchase warrants which, upon consummation of the purchase of such common shares and share purchase warrants and exercise thereof, would represent approximately 34.17% of the issued and outstanding common shares of the Company.
The Company is also advised that Waratah Investments Ltd. ("Waratah"), of 15 Odum Street North, Dzorwulu, Accra, Ghana, acquired 14,000,000 units of the Company. After giving effect to the acquisition referred to above, Waratah beneficially owns 14,000,000 common shares, 14,000,000 share purchase warrants, and has entered into an agreement to purchase an additional 4,000,000 common shares and share purchase warrants which, upon consummation of the purchase of such common shares and share purchase warrants and exercise thereof, would represent approximately 21.57% of the issued and outstanding common shares of the Company.
On behalf of the Board,
"Douglas R. MacQuarrie"
President & CEO
For further information please contact:
Douglas MacQuarrie, President & CEO
Telephone: 1 (604) 682-8089 Toll-Free: 1 (888) 682-8089 Facsimile: 1 (604) 682-8094
or for European Investors: Florian Riedl-Riedenstein: Tel: 43-2774-28814, e-mail: frram@aon.at
Or visit the PMI Gold Corporation website at www.pmigoldcorp.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward-looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward-looking statements. We Seek Safe Harbour. |
| |
| | You can view the Next News Releases item: Tue Aug 25, 2009, $2.75 Million Private Placement, Drilling Program Expanded
You can view the Previous News Releases item: Wed Jul 22, 2009, Private Investor Increases Shareholding
You can return to the main News Releases page, or press the Back button on your browser.
|
|
|
