d’Arianne Resources Inc.: Arianne Completes a $500,000 Financing
Arianne Completes a $500,000 Financing
SAGUENAY, QUEBEC — (MARKET WIRE) — December 29, 2006 — Arianne Resources Inc. (TSX VENTURE: DAR) is pleased to announce the completion of a previously announced non-brokered flow-through financing
for an amount of $500,000. The Company will issue a total of 2,500,000 flow-through shares at a price of $0.20 per share and 1,125,000 warrants, each warrant valid for the purchase of one additional share of the Company at a price of $0.25. 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. 2 insiders participated to this private placement.
In regards with this financing, a 20,000 $ 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.
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