TORONTO, Nov. 29 /CNW/ - Richmond Minerals Inc. (RMD-TSXV) ("Richmond" or
the "Corporation") announces a proposed flow-through financing. The
Corporation intends to raise a maximum of $500,000 with the proceeds being
used primarily to drill the Halle geophysical targets on its property in the
Grenville geological province of Quebec.
The Corporation will issue a maximum of 5,000,000 flow-through shares at
a price of $0.10 for gross proceeds of $500,000. This placement is subject to
regulatory approval.
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On Behalf of the Board of Directors
(signed)
Paul Ankcorn, President
Neither the TSX Venture Exchange Inc. nor any other regulatory body
accept responsibility for the adequacy or accuracy of this news release.
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