Gitennes Exploration Inc

Published : March 19th, 2010

Equity Financing

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Keywords :   Canada | Copper | Gold | K Street | Silver |

 

 

Vancouver, B.C. ? March 19, 2010: Gitennes Exploration Inc. (TSXV-GIT) announces that it intends to undertake a private placement financing of 7 million units at $0.07. Each unit consists of a common share and a share-purchase warrant that is exercisable at $0.12 within 12 months of issue. Common shares will be subject to normal re-sale restrictions for up to four months from the date of issue. Insiders of the Company may subscribe for up to 20% of the units.

 

Finder's fees may be payable on a portion of the financing to registered dealers who assist in the placement. The private placement is subject to regulatory approval.

 

Proceeds will be to pursue several new gold, silver and copper exploration projects in Latin America and Western Canada, and for general administrative purposes.

 

 

For further information contact:

Jerry Blackwell, President

 

 

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

 

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

 

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | 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)
0.055-21.43%
TORONTO
CA$ 0.055
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