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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: loantech who wrote (41104)	5/25/2007 7:42:16 PM
From: marcos	Respond to of 78426

aru.to - thanks Tom ... so it's closed, and closed perfectly, not one price point over ... make ya go hmmm? rdv.to - anybody got 240m loonies for Redfern? ... over three times their current market cap - 'Redcorp Ventures Files For Up To C$240M Debt,Equity Offer 5:58pm ET May 25, 2007 DOW JONES NEWSWIRES Redcorp Ventures Ltd. (RDV.T) has obtained a receipt for a preliminary short form prospectus filed in British Columbia, Alberta, Manitoba and Ontario, in respect of an offering of series D subscription receipts and series E subscription receipts for total gross proceeds of up to C$240 million (US$222 million). Redcorp will use the proceeds for development and construction through to production of the Tulsequah Project, and for exploration and working capital. Each Series D receipt will be exercisable, for no additional consideration, into one unit of the company. Each unit will consist of a secured redeemable C$1,000 principal amount series D note and a number of common shares of the company to be determined. The notes will bear interest at a rate per year to be determined and will mature in five years. Each Series E receipt will be exercisable, for no additional consideration, into one unit of the company. Each unit will consist of one common share and one-half of one common share purchase warrant of the company. Each whole warrant will be exercisable to purchase one common share of the company for 24 months after closing. The offering will be conducted on a best-efforts agency basis through a syndicate led by Paradigm Capital Inc. Redcorp is a Vancouver-based mineral exploration and development company. -Tara Zachariah; 416-306-2100; AskNewswires@dowjones.com'