Signet Minerals Inc.
TSX VENTURE : SGN

Signet Minerals Inc.

October 20, 2005 20:14 ET

Signet Minerals Inc.: Commencement of Trading

COMOX, BRITISH COLUMBIA--(CCNMatthews - Oct. 20, 2005) - Signet Minerals Inc. (TSX VENTURE:SGN) ("Signet") is pleased to announce that its common shares will commence trading on the TSX Venture Exchange Inc. at the open of markets on October 21, 2005. Signet will trade under the symbol SGN. Further to a press release dated October 11, 2005 in which Signet announced the closing of a private placement for gross proceeds of $1,436,500 (the "Offering"), Signet confirms that all of the securities issued pursuant to the Offering are subject to statutory resale restrictions for a period of 4 months from the date of issuance (until February 12, 2006) except for 100,000 Flow-Through Shares and 200,000 Units issued under the Offering, which are subject to the same 4 month hold period until February 13, 2006.



On behalf of the Board of Directors


"Kieran Downes"
KIERAN DOWNES
President & CEO, Director


This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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

Contact Information

  • Signet Minerals Inc.
    Kieran Downes
    President & CEO, Director
    (250) 729-0453
    Email: smi@shaw.ca
    or
    Signet Minerals Inc.
    Brian Cebryk
    (250) 890-0607
    Email: bdcebryk@shaw.ca