Strike Resources Ltd.

September 27, 2005 15:00 ET

Strike Resources Ltd.: Announces Completion of Initial Public Offering

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Sept. 27, 2005) - Strike Resources Ltd. ("Strike") is pleased to announce that it has successfully completed its initial public offering, with Wolverton Securities Ltd. acting as agent, of 5,000,000 common shares at a price of $0.15 per share for aggregate gross proceeds of $750,000. The offering was fully subscribed. Strike has received conditional listing approval for its common shares on the TSX Venture Exchange and expects that trading will commence shortly under the symbol "SS.P".

Strike is a capital pool company governed by the policies of the TSX Venture Exchange. Strike's principal business is the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

Contact Information

  • Strike Resources Ltd.
    Massimo Giovannetti
    (416) 566-5469