January 08, 2013 19:42 ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 8, 2013) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Woodrose Corporation (TSX VENTURE:WRS.H) (the "Corporation") is pleased to announce that it has completed the first closing of its previously announced private placement of common shares. Under the first closing, the Corporation issued an aggregate of 3,030,000 shares at an issuance price of $0.05 per share for gross aggregate proceeds of $151,500.
The common shares issued under the first closing of the private placement will be subject to a 4 month hold period in accordance with applicable securities laws. The issuance of common shares is subject to final approval of the TSX Venture Exchange.
ON BEHALF OF WOODROSE CORPORATION
Darren Devine, Chief Executive Officer
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.
Woodrose CorporationDarren DevineCEO604-638-8063
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