Curlew Lake Resources Inc. Announces an Increase in Plans to Arrange a Flow-Through Private Placement to Drill at Fairydell
December 09 2010 - 9:15AM
Marketwired
Curlew Lake Resources Inc. (the "Company") (TSX VENTURE: CWQ) (PINK
SHEETS: CWLXF) announces it has increased the amount currently
being arranged on a non-brokered flow-through private placement of
units (the "Units") at a price of$0.05 per Unit for aggregate
proceeds of up to $300,000. Each Unit will be comprised of one
flow-through common share and one share purchase warrant (a
"Warrant"), each Warrant entitling the holder to purchase one
additional common share at a price of $0.10 for a period of two
years from the date of closing of the private placement. The funds
raised will be used for an upcoming follow-up drilling program on
the companies oil and gas lands in the Fairydell-Bon Accord area of
central Alberta.
On behalf of the Board of Directors
Robert B. Pincombe, President
Warning: The Company relies on litigation protection for
"forward looking" statements. Actual results could differ
materially from those described in the news release a result of
numerous factors, some of which are outside the control of the
Company.
For additional information or to be added to the corporate
mailing list please visit the following page
http://www.curlew-lake.com/curlew/mail.html.
The TSX has not reviewed and does not does accept responsibility
for the adequacy or accuracy of this News Release.
Contacts: Curlew Lake Resources Inc. David D. McKee Chief
Financial Officer (647) 722-3454 (647) 722-4337 (FAX)
david.mckee@curlew-lake.com