Newmac Resources Inc.
Newmac Resources Inc.: PRIVATE PLACEMENT
Corporate-news transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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NEWMAC RESOURCES INC.
2605 Jane Street, Port Moody, British Columbia, Canada V3H 2K6
Telephone: (604) 461-7211 www.newmacresources.com
PRIVATE PLACEMENT
Newmac Resources Inc. (TSX-V: NER; Frankfurt: N3M) has negotiated, subject
to acceptance by the TSX Venture Exchange, a private placement of up to
$900,000 with certain placees.
These funds will be raised by the company issuing up to 1,000,000 units at
a price of $0.90 per unit, each unit consisting of one common share and one
non-transferable share purchase warrant, each warrant entitling the holder
thereof to purchase one additional common share, exercisable for a period
of one year from the date of issuance at a price of $1.10 per share.
Proceeds of $900,000 raised from this private placement will be used for
general working capital purposes, and the continued exploration of the
company’s Crazy Fox Molybdenum project, as well as the company’s other
projects.
A finders fee may be payable on a portion of this Private Placement.
This Private Placement replaces the Private Placement announced on February
23, 2006.
Respectfully submitted
ON BEHALF OF THE BOARD
“David Hjerpe”
David Hjerpe
President
This news release contains forward-looking statements within the meaning of
the “safe harbour” provisions of the Private Securities Litigation Reform
Act of 1995. These forward-looking statements are subject to risks and
uncertainties and other factors that may cause Newmac Resources Inc.’s
results to differ materially from expectations. These include risks
relating to market fluctuations, property performance and other risks.
These forward-looking statements speak only as of the date hereof.
THE TSX VENTURE EXCHANGE DOES NOT TAKE RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.
For Further Information Contact David Hjerpe, President at: (604)
461-7211
Contact:
marquardt.communication – Agentur für Öffentlichkeitsarbeit
Sandweg 14, 60318 Frankfurt, Deutschland
tel: +49(0)6925472405;
fax: +49(0)941599282626;
email: jens@marquardtcommunication.com;
web: www.marquardtcommunication.com;
(c)DGAP 11.05.2006
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Language: English
Issuer: Newmac Resources Inc.
2605 Jane St
V3H 2K6 Port Moody, BC Kanada
Phone: +1 (604) 461-7211
Fax: +1 (604) 461-7211
email: info@newmacresources.com
WWW: www.newmacresources.com
ISIN: CA6515221043
WKN: A0HFWM
indices:
Listed: Open Market in Frankfurt
End of News DGAP News-Service
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