News
TRIBUNE ANNOUNCES FLOW THROUGH FINANCING OF UP TO $1,500,000 WITH MINERALFIELDS
December 13, 2007
Tribune Uranium Corp. (TSX-V: TCB) (Frankfurt: S8QA) (the “Company”) (“Tribune”) has agreed to privately place $1,500,000 by means of issuing 1,428,571 flow through units at a price of $1.05 per unit, subject to regulatory approval.
Each flow-through unit will consists of one common share and one transferable non-flow-through share purchase warrant exercisable for a one year term at an exercise price of $1.40.
A finders fee of 8% cash will be paid on the total proceeds raised, subject to regulatory approval.
About MineralFields, Pathway and First Canadian Securities ®
MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com First Canadian Securities ® is active in leading resource financings (both flow-through and hard dollar PIPE financings) on competitive, effective and service-friendly terms, with investors both within, and outside of, MineralFields Group.
“We are very pleased to be commencing this relationship with MineralFields Group”, says Graham Harris, Chairman and CEO. “This is an important milestone in the growth of Tribune and we look forward to working with MineralFields Group as we develop our holdings in the Alberta, Manitoba and Saskatchewan.
Tribune Uranium Corp. is a Canadian exploration company committed to the strategic acquisition of drill ready projects. Led by an experienced management team, the Company plans to aggressively explore its current portfolio of highly prospective properties. The Company headquarters are in Vancouver, BC and shares are traded on the TSX Venture Exchange (TCB) and the Frankfurt Exchange (S8QA).
To find out more about Tribune Uranium Corp., please contact Graham Harris, Chairman and CEO, at 604-662-8183 or email investor@tribuneuranium.com. You may also visit our website at www.tribuneuranium.com.
TRIBUNE URANIUM CORP.
“Graham Harris”
Graham Harris
Chairman and CEO
“The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.”
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