| ||November 16, 2004|
ICU Announces $250,000 Private Placement
| ||International Croesus Ventures Corp.is pleased to announce it has negotiated a private placement of 500,000 units at $0.50 per unit, for total proceeds of $250,000. Each unit is comprised of one common share of Croesus plus one two-year share purchase warrant. Each warrant will entitle the holder to purchase one common share at $0.63. The proceeds from the private placement will be used by the Company to conduct exploration programs on its mineral properties in Mexico and for working capital purposes. This private placement is subject to regulatory approval. |
ON BEHALF OF THE BOARD
"ALASTAIR J. SINCLAIR"
Alastair J. Sinclair, Ph.D., President
The TSX Venture Exchange has not reviewed, and does not accept responsibility for the adequacy, or accuracy of this release.
You can view the Next News Releases item: Wed Oct 26, 2005, ICU Announces Private Placement To Raise $315,000.
You can view the Previous News Releases item: Mon Oct 25, 2004, ICU Identifies New Volcanogenic Massive Sulfide (VMS) Potential On The El Maple Property In The Cuale Mining District, Reduces The Size Of The Property From 8812 Ha To 2627 Ha, And Files For Exploitation License.
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