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| | Fri Nov 2, 2007
Stealth Increases Flow-Through Financing To $1,500,000
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| | Stealth Minerals Limited ("Stealth") announced today an increase to its proposed non brokered private placement. The private placement has been increased to up to 15,000,000 units at $0.10 per unit. Each unit consists of one flow-through common share and one-half warrant. Each whole warrant entitles the holder to purchase on common share at $0.20 per share for a period of one year from closing of the private placement.
Finder's fees may be paid in connection with the financing in accordance with applicable securities laws and TSX Venture Exchange Policies. Completion of the financing is subject to regulatory approval, including acceptance of the financing by the TSX Venture Exchange.
Stealth intends to use the proceeds of the financing for exploration of its Toodoggone properties.
Bradley L Jones c.a.
Chairman of the Board & CFO
Phone 416 510 8397
Email: bradleyljones@rogers.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. |
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| | You can view the Next News Releases item: Tue Nov 6, 2007, Sofia Drilling Discovers New Copper - Gold Porphyry System In Toodoggone Region Of Britsh Columbia
You can view the Previous News Releases item: Tue Oct 30, 2007, Stealth Amends Terms Of Flow-Through Financing
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