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Share Name | Share Symbol | Market | Type |
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TSXV:DOT | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
DOT Resources Ltd. (TSX VENTURE:DOT) ("DOT" or the "Corporation") announces that further to its press release dated February 18, 2010, the Corporation has amended the terms of its private placement of up to 5,000,000 Units to be allocated between flow-through (FT Units) and non-flow-through (Non FT Units) units. Accordingly, each FT Unit will now be priced at $0.20 per FT Unit (previously $0.225 per FT Unit) and each Non FT Unit will now be priced at $0.17 per Non FT Unit (previously $0.20 per Non FT Unit). All other terms of the private placement shall remain the same. Please see the February 18, 2010 press release for further information. As previously disclosed, it is anticipated that insiders of the Corporation will participate in the private placement. The corporation expects that the private placement will be completed no later than April 5, 2010. The private placement remains subject to regulatory body approval. ABOUT DOT DOT is a Canadian corporation currently focused on the exploration and development of its copper property in central British Columbia. The Corporation is planning to assess future copper and copper-gold properties for exploration and development opportunities throughout North and South America. DOT shares trades on the TSX Venture exchange under the symbol DOT. The Corporation's website can be accessed at www.dotresourcesltd.com. Forward-Looking Statements Certain statements contained in this news release constitute "forward-looking statements" as such term is used in applicable Canadian and US securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. In particular, statements concerning the obtaining of regulatory body approval, the completion of the private placement, the subscribers to the private placement and other factors or events described in this news release should be reviewed as forward-looking statements to the extent they involve estimates thereof. Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Corporation to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the inability to obtain regulatory body approvals; general market conditions and such other business risks as discussed herein and other publicly filed disclosure documents. Although the Corporation has attempted to identify important factors that could cause actual events or results to differ materially from those described in forward-looking statements, there may be factors that cause actions, events or results not to be as anticipated, estimated of intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could vary or differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and the Corporation undertakes no obligation to update forward-looking statements should these beliefs, estimates and opinions or other circumstances change, except as required by applicable law. Investors are cautioned that such forward-looking statements involve risks and uncertainties. The forward-looking statements contained herein are expressly qualified by this cautionary statement.
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