Mountain Boy Minerals Ltd.
TSX VENTURE : MTB

December 23, 2010 16:21 ET

Mountain Boy Closes Non-Brokered Private Placement; Raises $2,271,256

STEWART, BRITISH COLUMBIA--(Marketwire - Dec. 23, 2010) -

All of the shares and warrants, and any shares issued upon the exercise of the warrants comprising the units issued, are subject to a hold period and may not be traded in Canada until April 21, 2011 (Tranche 1) and April 25, 2011 (Tranche 2), except as permitted by applicable Canadian securities laws. 

Finders' fees of $158,988 and were paid and 1,025,728 warrants were issued in connection with the private placement.

ON BEHALF OF THE BOARD

Ed Kruchkowski, Director

"This news release may contain forward–looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."

"Neither the 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

  • Mountain Boy Minerals Ltd.
    Investor Relations
    604-681-0710
    or
    Mountain Boy Minerals Ltd.
    Ed Kruchkowski
    250-636-9232
    250-636-2446 (FAX)
    www.mountainboyminerals.ca