Explor Resources Inc.

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.

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

Contact Information

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