Gee-Ten Ventures Inc.
TSX VENTURE : GTV

Gee-Ten Ventures Inc.

June 12, 2007 15:37 ET

Gee-Ten Ventures Inc.: First Closing of the Private Placement

LAVAL, QUEBEC--(Marketwire - June 12, 2007) - Gee-Ten Ventures Inc. ("Gee-Ten",the "Company") (TSX VENTURE:GTV) announces that it is proceeding with a first close for the private placement announced on May 16th amended on May 18th and for which it has obtained conditional acceptance of the TSX Venture Exchange.

$855,450 have thus far been collected out of a maximum of $1,050,000. Finders fees of $85,545 are payable as per this arm's length transaction.

Proceeds from this placement will be used towards general working capital requirement and to fund the next mission to the Democratic Republic of Congo where the company is investigating other opportunities.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE INFORMATION PRESENTED IN THIS PRESS RELEASE.

Contact Information

  • Gee-Ten Ventures Inc.
    Me Lawrence Moroz
    President
    450-622-6626
    450-622-8292 (FAX)