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[Panem]

http://www.canasil.com/

Canasil Non-brokered Private Placement Increased to $1,600,000

February 21, 2007

Vancouver, February 21, 2007 - Canasil Resources Inc. (Canasil, TSX-V: CLZ) announces that, subject to regulatory approval, the non-brokered private placement of 3,750,000 units at an exercise price of $0.40 per unit for total proceeds of $1,500,000, announced on February 12, 2007, has been increased to 4,000,000 units for total proceeds of $1,600,000. A commission or finders’ fee may be paid with respect to part of this placement. All other terms and conditions remain the same.

Each unit will consist of one common share of the Company and one half share purchase warrant (a “Warrant”); each Warrant will entitle the holder to purchase one common share of the Company at $0.55 within one year from closing. If, beginning six months following the closing of the private placement, the closing price of the Company’s shares equals or exceeds $1.00 per share for a period of ten consecutive trading days, the Company will have the right to accelerate the expiry date of the Warrants by giving the Warrant-holders at least 30 days’ written notice.

The proceeds will be used to fund drill programs on the Company’s silver, gold, zinc and copper projects in Mexico and in British Columbia, Canada, and for general working capital.

About Canasil:

Canasil is a Canadian mineral exploration company with interests in precious and base metal properties in British Columbia, Canada, and in Durango, Sinaloa and Zacatecas States, Mexico. The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. The Company is actively engaged in the exploration of mineral properties and evaluating additional acquisition opportunities.


Canasil is a Canadian mining and mineral exploration company with a strong portfolio of precious and base metal (gold, silver, copper, zinc and lead) exploration projects in British Columbia, Canada and Durango, Sinaloa and Zacatecas States, Mexico. The Company’s directors and management include industry professionals with a consistent track record of identifying and advancing successful mineral exploration projects. Our corporate objective is to enhance shareholder value by increasing the value of the Company’s mineral properties through cost effective and responsible exploration and development. We also strive to identify and acquire new mineral exploration projects, which present opportunities for significant future added value for our shareholders.

[Panem]

http://canasil.com/_resources/mexico/mexico_map_a_full.jpg

[Aktienschreiner]

Hallo Pirat wo bist du


Ist das der Wert ?????????

[Panem]

Der Wert bleibt interessant.

[KNORPEL]

Antwort auf Beitrag Nr.: 31.693.590 von Panem am 21.09.07 21:27:16