Tarsis Capital Corp.
TSX VENTURE : TCC

Tarsis Capital Corp.

December 12, 2007 14:38 ET

Tarsis Closes Hard Dollar Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 12, 2007) -

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES

Tarsis Capital Corp. (TSX VENTURE:TCC) ("Tarsis") is pleased to announce that it has closed the hard dollar portion of the non-brokered private placement to raise a total of $1,581,223 million by issuing 2,259,747 Units. Each unit comprises one common share and one half of one common share purchase warrant. Each whole warrant will allow the holder to purchase one common share for a period of eighteen months for $1.00.

Tarsis will now proceed to close the flow through share offering.

These private placements are subject to the approval of the TSX Venture Exchange.

Tarsis is a junior exploration company with six mineral properties in the Yukon and one in Mexico.

This press release, required by applicable Canadian Laws, is not for distribution to U.S. News Services or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. Persons unless registered or exempt therefrom.

On behalf of the Board of Directors,

Marc G. Blythe, President and Chief Executive Officer

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

Contact Information

  • Tarsis Capital Corp.
    Marc G. Blythe, P.Eng., MBA.
    President and Chief Executive Officer
    (604) 689-7644
    Email: info@tarsis.ca
    Website: www.tarsis.ca