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Gitennes Exploration Inc

Published : July 28th, 2009

Amends Terms of Private Placement

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Keywords :   Gold | K Street | Peru | Silver |

Gitennes amends terms of private placement

 

Vancouver, July 28, 2009: Gitennes Exploration Inc. (TSX-GIT) announces that further to its news release of June 15, 2009 the Company has amended its private placement to issue 7,900,000 units at a reduced price of $0.07 per unit (from $0.10) for gross proceeds of up to $553,000.  Each unit will now consist of one common share and one half share purchase warrant.  Each half warrant entitles the holder to purchase one common share at an amended price of $0.12 per share (reduced from $0.20) for a period of 18 months.  Insiders of the Company have indicated that they may subscribe for up to $120,000 of this issue.  The private placement is subject to regulatory approval.

 

The proceeds of this private placement will be used to advance the Company?s gold and silver projects in Peru as well as for general working capital.

 

For further information contact:

 

Jerry Blackwell, President

 

 

The Toronto stock exchange has neither approved nor disapproved of the information herein.

 

 

 

 

Suite 2390 ? 1055 West Hastings Street, Box 60, Vancouver, B.C.  V6E 2E9  Tel: 604-682-7970  Fax: 604-608-9014

email: info@gitennes.com   website: www.gitennes.com

 

 

 

 

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Data and Statistics for these countries : Peru | All
Gold and Silver Prices for these countries : Peru | All

Gitennes Exploration Inc
EXPLORATION STAGE
CODE : GIT.TO
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Gitennes Expl. is a silver exploration company based in Canada.

Gitennes Expl. holds various exploration projects in Canada and in Peru.

Its main exploration properties are TUCUMACHAY, URUMALQUI and TOTOROKO in Peru and RED and BEAR in Canada.

Gitennes Expl. is listed in Canada. Its market capitalisation is CA$ 2.9 millions as of today (US$ 2.6 millions, € 1.8 millions).

Its stock quote reached its highest recent level on December 31, 1998 at CA$ 3.50, and its lowest recent point on April 09, 2009 at CA$ 0.03.

Gitennes Expl. has 51 860 000 shares outstanding.
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Financings of Gitennes Exploration Inc
4/20/2010private placement update
8/26/2009Completes Private Placement
7/28/2009Amends Terms of Private Placement
Project news of Gitennes Exploration Inc
2/23/2011(Urumalqui)[Gitennes Exploration Inc.] 2011-02-22
2/1/2010(Urumalqui)Option Urumalqui Project
5/13/2009(Tucumachay)to Acquire 100% Ownership of Peruvian Gold Project
12/11/2008(Urumalqui)Reports on Progress at the Urumalqui Silver-Gold Project
4/18/2008(Urumalqui)REPORTS THAT URUMALQUI DRILLING HIGHLIGHTS GOLD AND SILVER G...
4/1/2008(Totoroko)NEW RESULTS POINT TO ADDITIONAL DRILLING
3/4/2008(Urumalqui)INTERSECTS URUMALQUI SILVER - GOLD VEIN AT DEPTH
1/30/2008(Totoroko) REPORTS COPPER AT TOTOROKO, STARTS DRILLING AT URUMALQUI
11/13/2007(Totoroko)UPDATE ON TOTOROKO DRILLING
7/30/2007(Totoroko)TotoRoko copper-silver-gold project - update
4/16/2007(Totoroko)Update on Peru Copper-Silver Project
Corporate news of Gitennes Exploration Inc
9/1/2011.
7/7/2010acquires Quebec Property, provides update on Peru Operations
3/19/2010Equity Financing
8/17/2009Listing Update
6/15/2009announces equity financing
12/18/2008TSX Listing Review
6/24/2008Stakes Iron Property in Peru
9/19/2007Gitennes reports on TotoRoko geophysics and results
5/15/2007Peru exploration and royalty update
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TORONTO (GIT.TO)
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TORONTO
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