Black Pearl Minerals Consolidated Inc.
TSX VENTURE : BLK

Black Pearl Minerals Consolidated Inc.

January 25, 2007 16:56 ET

Black Pearl Completes Private Placement

TORONTO, ONTARIO--(CCNMatthews - Jan. 25, 2007) -

THIS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES.

Black Pearl Minerals Consolidated Inc. (TSX VENTURE:BLK) is pleased to announce that it completed a $225,820 non-brokered private placement of 1,254,555 flow-through common shares at a price of $0.18 per share on December 29, 2006.

Proceeds from this financing will be utilized to advance its Canadian Gold properties.

ON BEHALF OF THE BOARD

BLACK PEARL MINERALS CONSOLIDATED INC.

Robert Sibthorpe B.Sc. (Geol), MBA, President

Shares Issued and Outstanding: 30,640,878

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Black Pearl Minerals Consolidated Inc.
    Andrew Cook
    C.O.O.
    (604) 602-4935
    or
    Black Pearl Minerals Consolidated Inc.
    Jim MacDonald
    Corporate Communication
    (604) 602-4935