May 20, 2010 (Filing Services Canada) -- Champlain Resources Inc. (CPL.H - TSX Venture), ("Champlain" or the "Corporation"), listed on the TSX Venture NEX Exchange under the trading symbol "CPL.H", wishes to announce that a finder's fee consisting of $5,750.00 and 115,000 broker warrants was paid to an arm's length third party in connection with the closing of its private placement on May 19, 2010 of 7,000,000 units. The broker's warrants are exerciseable at a price of $0.10 per broker warrant for a period of one year.
For further information contact:
Mr. Troy Mochoruk
Chief Executive Officer
#1614, 246 Stewart Green SW
Calgary, AB T3H 3C8
Tel: (403) 618-8989
E-mail: [email protected]
www.champlainresources.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Source: Champlain Resources Inc. (CPL.H - TSX-V)
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