(via Thenewswire.ca)
Vancouver, British Columbia - Pacific Cascade Minerals Inc. (the "Company") announces that two directors of the Company have sold a total of 2,4780,000 common shares as part of a "gypsy swap" transaction. The two directors will subsequently be subscribing for approximately 3,360,000 units of the proposed non-brokered private placement financing announced in the company's news release dated July 28, 2011.
Pacific Cascade Minerals Inc. is a mineral exploration Company committed to building shareholder value through its properties in British Columbia and Mexico. The Company is listed on the TSX Venture Exchange (PCV.V). Please see the Company's website www.pacificcascade.ca for further details.
ON BEHALF OF THE BOARD OF DIRECTORS,
"Harold Forzley"
FOR FURTHER INFORMATION PLEASE CONTACT:
Harold Forzley, President / CEO Pacific Cascade Minerals Inc.
For more information contact Harold Forzley, President /CEO, at:
Telephone: (604) 637-1341 Email: hardy@pacificcascade.ca
The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release. We seek safe harbour
Copyright (c) 2011 Thenewswire.ca - All rights reserved.