Mr. Richard Penn reports
BLACK TUSK RESOURCES INC. ANNOUNCES FLOW-THROUGH PRIVATE PLACEMENT
Black Tusk Resources Inc. has arranged a proposed private placement offering of up to three million units at a price of 17 cents per unit for total proceeds of up to $510,000. Each unit consists of one flow-through common share and one-half of one share purchase warrant. Each warrant will entitle the holder to purchase an additional share at a price of 25 cents per share for a two-year term.
The proceeds of the offering will be used for mineral exploration.
About Black Tusk Resources Inc.
Black Tusk is engaged in exploration of its mineral properties located in Quebec and British Columbia, Canada. The company has purchased 100-per-cent ownership of the Golden Valley property located 35 kilometres north of La Sarre in the prolific Abitibi region of Quebec.
We seek Safe Harbor.
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