Orezone Gold Corporation press release
Tan Range Chairman Completes $1 Million Private Placement
TSX - Toronto Stock Exchange · Gold · Silver · Canada
Trade Symbol: TSX: TNX AMEX: TRE
VANCOUVER, July 14 /CNW/ - Tan Range Exploration Corporation confirms that the $1,000,000 private placement announced on June 20, 2005 subscribed for by James E. Sinclair has now closed. As previously announced, proceeds of this placement will fund a significant exploration program including a major drilling component on several of the Company's mineral properties in Tanzania. Inclusive of the proceeds of this $1 million private placement, Mr. Sinclair's total share placements to date aggregate $5,325,000. The private placement common shares are subject to certain mandated hold periods and resale restrictions and the certificates representing such shares are legended accordingly. No warrants, options or other rights have been issued or granted in connection with this placement.
On behalf of the Board of Directors
"James E. Sinclair" James E. Sinclair Chairman and Chief Executive Officer
Visit the Tan Range website: www.tanrange.com
The Toronto Stock Exchange nor American Stock Exchange have not reviewed and does not accept responsibility for the adequacy or accuracy of this release
Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. We use certain terms on this news release, such as "measured", "indicated", and "inferred" "resources" that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 0-50634, which may be secured from us, or from the SEC's website at http://www.sec.gov/edgar.shtml.