ALR

0.00

0.00 (0.00%)

- - Closed

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type
	TSXV:ALR	TSX Venture	Common Stock

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%							0	-

Alder Closes $1,000,000 Private Placement Financing

03/12/2009 7:44pm

Marketwired Canada

Alder Resources Ltd. (the "Company") (TSX VENTURE:ALR) is pleased to announce
that the Company has completed its previously announced private placement
financing of units ("Units") of the Company for gross proceeds of approximately
$1,000,000 through the issuance of 6,666,666 Units at a price of $0.15 per Unit.
Each Unit is comprised of one common share of the Company and one common share
purchase warrant (a "Warrant"). Each Warrant entitles the holder to acquire one
common share of the Company at a price of $0.25 until November 25, 2011.


In connection with the financing, the Company has paid finders fees in the form
of a cash commission totalling $80,000 and has issued 666,666 broker warrants.
Each broker warrant entitles the holder to acquire one Unit at a price of $0.15
until November 25, 2011.


The common shares (and the common shares issuable upon the exercise of the
Warrants) are subject to resale restrictions that expire on March 26, 2010.