September 11, 2008 -- Robert L. Card, President of Jet Gold Corp.(the "Company") (TXSXV.JAU), is pleased to announce that a non-brokered private placement of 3,000,000 units at a price of $.25 per unit, to raise gross proceeds of $750,000.00 has been negotiated. The financing is composed of two million flow-through units and one million regular units. Each unit is composed of one share and one half a share purchase warrant exercisable at 35 cents per share for two years.
A finder's fee may be payable in connection with this placement.
The offering and finder's fee are subject to completion and execution of appropriate documentation and acceptance for filing by the TSX Venture Exchange.
The funds are principally earmarked for further development and drilling of the Company's Naskeena Coal project and the Kshish Molybdenum Prospect as well as general working capital.
On behalf of the Board of Directors
Jet Gold Corp
"Robert L. Card"
Robert L. Card
President
Investor Contact:
Robert L. Card, President
604-687-7828, 1-800-687-7828
Fax 604-687-7848
email: www.jetgoldcorp.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release.
You can view the Next News Releases item: Fri Apr 3, 2009, Options Granted
You can view the Previous News Releases item: Wed Sep 10, 2008, Exploration Update
You can return to the main News Releases page, or press the Back button on your browser.
