Longview Capital Partners Inc. (TSX-V: LV) is pleased to announce that the non-brokered private placement previously announced on March 13, 2007, has now closed. A total of 2,000,000 units were placed at a price of $1.50 per unit for gross proceeds of $3,000,000. The Units consist of one common share and one-half of a share purchase warrant, with each warrant exercisable for $2.00 for 24 months from the closing date of the private placement.
Proceeds of the placement will be used to continue the Company\'s investment plans pursuant to its investment policy.
On behalf of the Board of Directors,
Damien Reynolds, Chairman & CEO
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Statements in this news release, other than purely historical information, including statements relating to the Company\'s Future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company\'s business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.
The TSX Venture Exchange does not accept responsibility for the adequacy and accuracy of this release.
Distributed by Filing Services Canada and retransmitted by Market Wire
For more Information Spiro Kletas (604) 681-5755
SOURCE: Longview Capital Partners Incorporated
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