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Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (1098)	10/17/2007 1:21:18 PM
From: onepath	Read Replies (1) \| Respond to of 23100

Here is one of them and the others where the NNO warrants converted over to Yamana wts. High Desert closes $15-million IPO 2007-10-17 12:02 ET - News Release Mr. Richard Doran reports HIGH DESERT GOLD CORPORATION CLOSES INITIAL PUBLIC OFFERING AND COMMENCES TRADING ON THE TORONTO STOCK EXCHANGE High Desert Gold Corporation has completed its initial public offering of 30 million units at 50 cents per unit for total gross proceeds of $15-million. Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one common share of the company at a price of 65 cents until Oct. 17, 2009. The units were also offered in the United States on a private placement basis. The common shares and warrants began trading today on the Toronto Stock Exchange under the symbols "HDG" and "HDG.W", respectively. MGI Securities Inc. acted as lead agent of the offering along with Canaccord Capital Corporation. The company has also granted the agents an option (exercisable within 30 days of closing) to purchase up to an additional 4.5 million units at 50 cents per unit for additional gross proceeds of $2.25-million. The company is a mineral exploration company that acquires and explores mineral properties, primarily gold, copper and silver, in North America. The three major properties held by HDG are the flagship Canasta Dorada gold property in Sonora, Mexico, the Gold Lake porphyry copper-gold-molybdenum property in New Mexico and the Monitor copper-silver property in Arizona. The finances raised through the IPO primarily will be used to aggressively drill and explore the Canasta Dorada flagship gold property and the Gold Lake property and to continue the exploration at the Monitor property. At Canasta Dorada the planned exploration includes a substantial program of drilling, tunneling and detailed metallurgical testing. These 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 the securities laws of any state of the United States and these securities may not be offered or sold, directly or indirectly, within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) without registration under the U.S. Securities Act and any applicable state securities laws unless an exemption from registration is available. This news release is not an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. We seek Safe Harbor.