Landen Capital Corp.
TSX VENTURE : LAN.P

August 24, 2009 18:50 ET

Landen Increases Private Placement Up to $800,000

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 24, 2009) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Landen Capital Corp. (TSX VENTURE:LAN.P) is pleased to announce that it has increased, subject to regulatory approval, its non-brokered private placement announced on August 6, 2009, by an additional 3,000,000 units ("Units") from up to 5,000,000 Units to up to 8,000,000 Units at a price of CAN$0.10 per Unit. Gross proceeds have increased to up to CAN$800,000 from up to CAN$500,000. All other terms of the private placement, as previously announced on August 6, 2009, remain the same.

Landen Capital Corp. is a capital pool company, listed on the TSX Venture Exchange under the symbol "LAN.P".

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Landen Capital Corp.
    Todd Hilditch
    President and CEO
    (604) 443-3831
    (604) 682-3860 (FAX)