Focused on mineral exploration opportunities within Canada and the United States

100% interest in Kerrs gold property; Phase 5 drill program in Q2 2010; NI 43-101 resource estimate Q3 2010; along strike EXS-v recent high-grade (16.6 g/t Au over 12m) discovery

Hub Home

> Log In

Demo Video
Private Messages
Edit My Profile
View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

Aim to develop and manufacture the best technology graphite in the world
Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More | *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR

Message: Sheltered Oak Closes Private Placement

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

RockLicker

Rank: [?]

President

Points: [?]

32336

Rating: [?]

Votes: 245 Score: 3.6

Currently 3.7/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Sheltered Oak Closes Private Placement

posted on Dec 30, 10 04:46PM (Log in to use the IP Check tool) ^[?]

cnw

Trading Symbol: TSX-V OAK

TORONTO, Dec. 30 /CNW/ - Sheltered Oak Resources Corp. ("OAK" or the "Company") (TSXV: OAK) today announced the completion of a Private Placement (the "Private
Placement") for aggregate proceeds of $189,000, consisting of 2,100,000
units of the Company (the "Units") at a price of $0.09 per Unit. Each
Unit is comprised of one common share in the capital of the Company (a
"Common Share") and one-half of one Common Share purchase warrant (each
whole warrant, a "Warrant"). Each whole warrant shall entitle its
holder to acquire a Common Share at an exercise price of $0.12 per
share for a period of 18 months from the date of closing. The common
shares issued are subject to a four-month hold ending April 30, 2011.
Richbert Agencies S.A. subscribed for the full Private Placement and,
with this issuance, Richbert now holds 10.6% of the 78,487,235 issued
and outstanding shares of the Company.

ABOUT SHELTERED OAK RESOURCES CORP.

Sheltered Oak Resources Corp. is focused on mineral exploration
opportunities within Canada and owns a 100% interest in 42 mining
claims including one mining lease totaling 4,672 hectares which
comprise the Kerrs Gold Property, located in the prolific area of the
Abitibi Greenstone Belt in northeastern Ontario.

Neither the 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.