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GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More

The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
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Message: NEWS - Arianne Completes a $615,000 Financing

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NEWS - Arianne Completes a $615,000 Financing

posted on Dec 18, 07 07:21AM

SAGUENAY, QUEBEC - (Dec. 18, 2007) - Arianne Resources Inc. (TSX VENTURE: DAR) is pleased to announce the completion of a non-brokered flow-through financing for an amount of $615,000. The Company will issue a total of 3,459,375 flow-through shares and 384,375 common shares at a price of $0.16 per share and 3,843,750 warrants, each warrant valid for the purchase of one additional share of the Company at a price of $0.20. The warrants will be exercisable for one year after the closing. The new shares are subject to a four-month minimum hold period and is subject to the approval of the TSX Venture Exchange.

In regards with this financing, a 30,000 $ commission was paid to Francois Simard, a non-related party.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Mr. Bernard Lapointe, CEO
418-549-7316
Fax: 418-549-5750
bernard@arianne-inc.com

or

Norman Forrest
VP-Development
450-736-0453
n.forrest@videotron.ca