Vancouver, British Columbia - June 13 2008 - Consolidated Spire Ventures Ltd. ("the Company") (TSX-V: CZS) amends, due to current market conditions, the private placement announced on May 8, 2008. The Company has reduced the financing to 2,500,000 units and has re-priced to $0.135 per unit, for the gross proceeds of $337,500. Each unit will consist of one share and one two-year common share purchase warrant entitling the holder to purchase one additional common share of the company at a price of $0.22 in the first year and $0.27 in the second year. A finder's fee will be payable in accordance with the policies of the TSX Venture Exchange. The terms of the private placement are subject to approval by regulatory authorities.
The proceeds of this private placement will be used for general working capital.
FOR INFORMATION OR INVESTOR RELATIONS
CONTACT THE COMPANY AT (604) 662-7455
WEBSITE
www.spireventures.com
ON BEHALF OF THE BOARD
"Brian Buchanan"
President and Director
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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