Orezone Gold Corporation press release
/C O R R E C T I O N -- Tan Range Exploration Corporation/
TSX - Toronto Stock Exchange · Gold · Silver · Canada
In c3444 sent at 13:53e today, an error occurred at the end of the first paragraph. February 1, 2006 should have read February 1, 2005. Corrected copy follows:
Tan Range Chairman Proceeds with Fourth Tranche of C$3 Million Private Placement
Trade Symbol: TSX: TNX AMEX: TRE
VANCOUVER, Feb. 2 /CNW/ - Tan Range Exploration Corporation advises that Mr. James E. Sinclair is proceeding with the fourth tranche of the private placement announced on January 13, 2005 whereby Mr. Sinclair agreed to purchase common shares of the Corporation representing an aggregate value of $3,000,000. Such shares are to be purchased in 8 quarterly tranches of $375,000 each, commencing February 1, 2005. The fourth tranche will consist of 47,807 common shares of the Corporation having a purchase price of $7.844 per share for proceeds totaling $375,000. The purchase price reflects the weighted average trading price of the Corporation's shares for the five consecutive trading days of the fourth tranche quarterly period ended January 31, 2006. 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. Each tranche is subject to regulatory approval.
Respectfully submitted,
"James Sinclair"
James E. Sinclair Chairman and Chief Executive Officer
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.