James M. Brady

March 12, 2007 16:33 ET

James M. Brady: Significant Shareholding

TORONTO, ONTARIO--(CCNMatthews - March 12, 2007) - James Brady reports that he and his spouse have purchased a total of 1,000,000 common shares and 1,000,000 common share purchase warrants of Coniagas Resources Limited on March 8, 2007, through a private placement announced on February 8, 2007. Together with his spouse, Mr. Brady's holdings represents approximately 11.1% of the outstanding common shares of the Company on a non-diluted basis and 19.9% on a partially diluted basis.

Mr. Brady and his spouse have acquired the above-noted shares and warrants of the Company for investment purposes and may, depending on market and other conditions, increase their beneficial ownership, control or direction over the common shares or other securities of the Company, through market transactions, private agreements, treasury issuances, exercise of convertible securities or otherwise.

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

Contact Information

  • Mr. James M. Brady
    (416) 368-0999