BCM Resources Corporation

BCM Resources Corporation

March 14, 2007 13:43 ET

BCM Resources Corporation: Private Placement of $4,000,000; Increase in Proportion of Units

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 14, 2007) - BCM Resources Corporation (TSX VENTURE:B) is pleased to announce, subject to regulatory approval, that the Private Placement announced March 12, 2007 has been modified to increase the amount of Units by $750,000 to $2,500,000 and a commensurate reduction of flow-through shares to a total of $1,500,000 for a total financing of $4,000,000. All other terms of the financing, as previously announced, remain unchanged.

To receive BCM Resources news releases by e-mail, contact CEO & President Dale McClanaghan at d.mcclan@bcmresources.com or call (604)646-0144.

Forward-Looking Statements: Statements in this news release are forward-looking statements. Forward-looking statements include without limitation, statements regarding the company's plans, goals or objectives and future completion of mine feasibility studies, mine development programs, capital and operating costs, production, potential mineralization and reserves, exploration results and future plans and objectives of BCM. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", or "continues" or the negative thereof or variations thereon or similar terminology. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from expectations include risks associated with mining generally and pre-development stage projects in particular including but not limited to changes in general economic conditions, litigation, legislative, environmental and other judicial, regulatory, technological and operational difficulties, labor relations matters, foreign exchange costs & rates. Potential investors should conduct their own investigations as to the suitability of investing in securities of BCM.

The TSX has neither approved nor disapproved of the information contained herein.

Contact Information

  • BCM Resources Corporation
    Dale McClanaghan
    President & CEO
    (604) 646-0144
    Website: www.bcmresources.com