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07.10.2010
Trivello Announces Private Placement
Trivello Announces Private Placement
October 6, 2010 - Trivello Energy Corp. (TSX-V “TRV”; Frankfurt “T6U1”) (the “Company”) is pleased to announce a private placement of 1,100,000 units at a price of $0.12 per unit for gross proceeds of $132,000.
Each unit will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase one additional common share of the Company for two years, at a price of $0.13 per share. The securities issued will be subject to a four-month hold period. The offering is subject to the approval of the TSX Venture Exchange.
The proceeds of the private placement will be used to initiate work on the Company's Day Copper-Gold Porphyry Project in the Toodoggone Region of north-central British Columbia and for general working capital.
About Trivello Energy Corp.
Trivello is a junior exploration and development company focused on resource opportunities in Canada. The Company is at the early stage of the value creation process with its flagship project the Day Copper-Gold Porphyry Project located in the Toodoggone region of northcentral British Columbia. For more information please visit the Company’s website at http://www.trivello.com, or email info@trivello.com.
On Behalf of the Board of Directors
Trivello Energy Corp.
“Jay Roberge”
Jay Roberge
President / Director
Tel: 604.681.1568
Neither 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.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include that the private placement is subject to the approval of the TSX and that the proceeds of the private placement will be used to initiate work on the Company's Day Copper-Gold Porphyry Project and for general working capital.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
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October 6, 2010 - Trivello Energy Corp. (TSX-V “TRV”; Frankfurt “T6U1”) (the “Company”) is pleased to announce a private placement of 1,100,000 units at a price of $0.12 per unit for gross proceeds of $132,000.
Each unit will consist of one common share and one share purchase warrant. Each share purchase warrant will entitle the holder to purchase one additional common share of the Company for two years, at a price of $0.13 per share. The securities issued will be subject to a four-month hold period. The offering is subject to the approval of the TSX Venture Exchange.
The proceeds of the private placement will be used to initiate work on the Company's Day Copper-Gold Porphyry Project in the Toodoggone Region of north-central British Columbia and for general working capital.
About Trivello Energy Corp.
Trivello is a junior exploration and development company focused on resource opportunities in Canada. The Company is at the early stage of the value creation process with its flagship project the Day Copper-Gold Porphyry Project located in the Toodoggone region of northcentral British Columbia. For more information please visit the Company’s website at http://www.trivello.com, or email info@trivello.com.
On Behalf of the Board of Directors
Trivello Energy Corp.
“Jay Roberge”
Jay Roberge
President / Director
Tel: 604.681.1568
Neither 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.
Statements in this document which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Forward-looking statements in this news release include that the private placement is subject to the approval of the TSX and that the proceeds of the private placement will be used to initiate work on the Company's Day Copper-Gold Porphyry Project and for general working capital.
It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental and technological factors that may affect the Company's operations, markets, products and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
NEWSLETTER REGISTRIERUNG:
Aktuelle Pressemeldungen dieses Unternehmens direkt in Ihr Postfach:
<a href="http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA89684U2083">http://www.irw-press.com/alert_subscription.php?lang=en&isin=CA89684U2083</a>
Mitteilung übermittelt durch IRW-Press.com. Für den Inhalt ist der Aussender
verantwortlich.
Kostenloser Abdruck mit Quellenangabe erlaubt.