Lynden Ventures Ltd.
TSX VENTURE : LVL

Lynden Ventures Ltd.

September 04, 2007 09:00 ET

Lynden Ventures Ltd.: $5 Million Financing

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 4, 2007) -

NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Lynden Ventures Ltd. (TSX VENTURE:LVL) reports that it is undertaking a non-brokered private placement in the amount of $5,000,050. These funds will be raised by the company issuing a total of 4,545,500 units at a price of $1.10 per unit. Each unit is comprised of one common share and one half of a share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share at a price of $1.50 for two years.

Fees and commissions will be payable in connection with the private placement. The private placement is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

LYNDEN VENTURES LTD.

Colin Watt, President and CEO

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

Contact Information

  • Lynden Ventures Ltd.
    Colin Watt
    President and CEO
    (604) 629-2991
    (604) 602-9311 (FAX)