Rainy River Resources

NI 43-101 Resources of 3.42M oz. Au Indicated and 3.17M oz. Au Inferred (Feb. 2011)

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Message: Aurony......

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Aurony

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Re: Aurony......

in response to Aurony...... by wadeja

posted on Oct 08, 09 03:05PM

Well, I really don't know, but Gold is now at 1056, and ask yourself, how is it possible that RR has been able to prevent dilution of its outstanding shares during the past 2 years, when explorers like Victoria Gold, Noront and many others have seen enormous dilution.

Look for example at VMS, very good copper find, but the shareprice has been stagnant for more than a year now.

Lets see if this gets filled quickly:

October 7, 2009

Rainy River Announces Flow-Through Share Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 7, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Rainy River Resources Ltd. ("Rainy River") (TSX VENTURE:RR) is pleased to announce that it has entered into an agreement for an offering, on a best efforts basis and through a syndicate of agents led by Wellington West Capital Markets Inc. (the "Agent"), of 2,840,000 flow-through common shares of Rainy River ("Flow-Through Shares") at a price of $2.82 per Flow-Through Share for aggregate gross proceeds of $8,008,800 (the "Offering"). All sales of Flow-Through Shares will be made on a private placement basis pursuant to exemptions from the prospectus requirements of applicable securities laws.

Closing is anticipated to occur on or about October 28, 2009

If it does, some people know more than we do, and look at RR more positively than some of us do now.

Groeten, Paul

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