Explor Resources Inc.
TSX VENTURE : EXS

Explor Resources Inc.

April 05, 2006 12:27 ET

Explor Resources Inc.: $63,000 Private Placement Closes April 3, 2006

LA RONGE, SASKATCHEWAN--(CCNMatthews - April 5, 2006) - Explor Resources Inc. (TSX VENTURE:EXS):

The Corporation is pleased to announce the closing of a private placement of 300,000 common units for a total of $63,000. Each unit comprises one common share at $0.21 per share and one common share purchase warrant at $0.28 exercisable within 2 years. The funds will be used for exploration purposes and general working capital.

One placee has subscribed for all of the units. All securities issued will have a 4 month hold period expiring on August 4, 2006.



On behalf of the Board
Randy Studer.
Vice-President



The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release.

Contact Information

  • Explor Resources Inc.
    Randy Studer
    Vice-President
    (306) 425-3350
    (306) 425-2535 (FAX)