Goldeye Explorations Limited

Goldeye Explorations Limited

March 21, 2007 17:06 ET

Goldeye Private Placement

TORONTO, ONTARIO--(CCNMatthews - March 21, 2007) - Goldeye Explorations Limited (Goldeye)(TSX VENTURE:GGY) wishes to announce that it has completed a non-brokered private placement for proceeds of $71,500 subject to final acceptance by the TSX Venture Exchange. 650,000 units of Goldeye are to be issued pursuant to the "Accredited Investor" exemption in accordance with NI 45-106 at a price of $0.11 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase an additional common share at $0.15 per share for a one year period. The securities are subject to a four month hold period.

Goldeye is a Canadian mineral exploration company acquiring, exploring and advancing properties in Canada and Chile.

Shares issued prior to this private placement: 53,337,666

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Goldeye Explorations Limited
    B. Webster
    C.E.O and President
    (905) 886-2538
    (905) 886-8210 (FAX)