Premium Exploration Closes Private Placement and Management Update
Summary
Struck to the Board and will benefit from his experience serving as a director for other public companies as well as his operational and geological expertise developing the Idaho gold properties over the last 25 years.In this event, Premium may accelerate the expiry of the Warrants upon providing 60 days notice to the Warrantholders.Premium closed the initial tranche for gross proceeds of $1,429,000 through the issuance of 7,145,000 Units (see press release dated October 26th, 2009).Struck to the Board and will benefit from his experience serving as a director for other public companies as well as his operational and geological expertise developing the Idaho gold properties over the last 25 years.For additional information, please visit us at www.premiumexploration.com.This press release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Security Exchange Act of 1934, and involves a number of risks and uncertainties.There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements.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.### Contact Information Premium Exploration, Inc. Mr. Wilf Struck, P.Eng (604) 682-0243 www.premiumexploration.com or Opes Capital Inc. Ms. Christine Kopr Corporate Communications (604) 992-1831 Fax: (604) 682-0243 ckopr@opescaptialinc.com or Pro-edge Consultants Inc. Tracy Weslosky & Fred Cowans Managing Partners Toll-Free: (866) 544-9622 Fax: (416) Click here to view the list of recent Press Releases from Premium Exploration Inc. Promote Your Business Press Release Pricing Email this page to a friend