Northern Continental Resources Inc.
TSX VENTURE : NCR

Northern Continental Resources Inc.

May 09, 2008 16:28 ET

Northern Continental Announces Closing of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 9, 2008) - Northern Continental Resources Inc. ("Northern Continental") (TSX VENTURE:NCR) announces the closing of a $220,150 private placement (originally announced on April 2, 2008 at $272,650), consisting of the sale of 629,000 units at a price of $0.35 per unit, each unit consisting of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional common share at a price of $0.40 until April 7, 2010.

All of the securities issued in connection with the closing of this private placement are subject to a hold period in Canada until August 8, 2008.

For further information on Northern Continental, visit our website at www.northerncontinental.ca.

NORTHERN CONTINENTAL RESOURCES INC.

Alan Crawford, President

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

Contact Information

  • Northern Continental Resources Inc.
    Alan Crawford
    President
    (604) 685-9255 or Toll Free: 1-800-449-4435
    Website: www.northerncontinental.ca