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 | | | Wed Feb 10, 2010
Private Placement
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| | February 10, 2010, Robert L. Card, President of Jet Gold Corp. (the "Company") (TSXV.JAU), is pleased to report that the Company has negotiated a non brokered private placement of 2,400,000 units at a price of $0.05 per unit for gross proceeds of $120,000. Each unit consists of one common share and a share purchase warrant which entitles the holder to acquire an additional common share at $0.10 for a period of one year. The proceeds of the financing will be used for general working capital.
The non brokered private placement is subject to the approval of the TSX Venture Exchange.
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
Jetgoldcorp@shaw.ca
www.jetgoldcorp.com
This News Release may contain certain forward-looking statements. Actual events or results may differ from the Company's expectations. Certain risk factors may also affect the actual results achieved by the Company.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
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| | You can view the Next News Releases item: Mon Feb 22, 2010, Jet Acquires Rare Metals - Gold-Silver-Tellurium (Au-Ag-Te)
You can view the Previous News Releases item: Fri Dec 11, 2009, Director Resignation
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