Black Pearl Minerals Consolidated Inc.
TSX VENTURE : BLK

Black Pearl Minerals Consolidated Inc.

December 21, 2006 14:11 ET

Black Pearl Announces Proposed Private Placement

TORONTO, ONTARIO--(CCNMatthews - Dec. 21, 2006) -

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) wishes to announce that it intends to complete a $360,000 non-brokered private placement of 2,000,000 flow-through common shares at a price of $0.18 per share. The financing is subject to regulatory approval.

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 Outstanding: 29,386,323

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