Sonora Gold Corp. CA$0.05 0.0000 (0.00%)

VANCOUVER, B.C., August 9, 2007 - Mont Blanc Resources Inc. (TSX-V: MTN), announces a non-brokered private placement whereby the company will raise up to $400,000 by issuing up to 4,000,000 Units at a price of $0.10 per Unit. Each Unit consists of one common share and one half share purchase warrant. Each full warrant entitles the holder to acquire one additional common share of the company at a price of $0.20 per share for a period of one year from the date of issue. This financing is subject to regulatory approval.

argaiv1921

The proceeds of the private placement will be used for working capital.

About Mont Blanc
Mont Blanc (www.montblancresources.com) is an oil and gas exploration company focused on participating in low to medium risk oil and gas opportunities.


Company Contacts:

Mr. Jens Biertumpel
CEO
604-642-6165
This e-mail address is being protected from spambots. You need JavaScript enabled to view it  

Dennis Petke, CA
CFO
604-642-6122
This e-mail address is being protected from spambots. You need JavaScript enabled to view it  


Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Any statements regarding the company's future financial position, revenues, earnings, plans and objectives are forward-looking statements. Mont Blanc will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian Securities regulatory authorities by Mont Blanc. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

 

 

 

Subscribe to our News Alerts

*Email:
 

Properties

Negese Property

Contact

Sonora Gold & Silver Corp.
210 - 905 West Pender St.
Vancouver, BC V6C 1L6

Tel: 604 398 5396