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To: 3bar who wrote (1200)	7/26/2009 1:16:01 PM
From: Goose94	Read Replies (1) \| Respond to of 233938

bottom-fish it @ 1.5 cents.

To: 3bar who wrote (1200)	7/26/2009 1:23:58 PM
From: Rocket Red	Respond to of 233938

The transaction remains subject to a definitive agreement, a site visit to the property, legal due diligence and regulatory approval. Crescent Resources equity financing Crescent Resources also announces that in connection with this acquisition it proposes to raise up to $500,000 by way of a non-brokered private placement through the issuance of up to five million units at a price of 10 cents per unit. Each unit will consist of one common share and one common share purchase warrant, with each warrant entitling the subscriber to purchase one additional common share in the capital of the company at a price of 20 cents for two years from closing of the private placement. The company will pay a finder's fee as allowed under the TSX Venture Exchange policies. The private placement is subject to compliance with applicable securities laws and to receipt of regulatory approval. Proceeds of this private placement will be used for acquisition costs and exploration work on the Rattlesnake Hills properties, as well as general corporate purposes. The qualified person responsible for this release is Michael Hopley, president and chief executive officer of Crescent Resources.