BON Bonaparte Resources Inc.

Bonaparte Resources Inc. (TSX VENTURE:BON) - 

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Bonaparte Resources Inc. ("Bonaparte" or the "Company") announced today that it
has revised the terms of its previously announced non-brokered, private
placement of flow-through units. As revised, the private placement will be
increased for gross proceeds of $1,200,000. The offering will be conducted on a
best-efforts basis and is expected to close by December 30, 2010. The Company
only plans to offer the units to residents in British Columbia, Alberta and
Ontario and in such other jurisdictions where the units may be sold. The
offering is subject to TSX Venture Exchange and other regulatory approvals.


The offering consists of flow-through units at $0.40 per unit (each unit
consisting of one common share and one-half of one warrant, with each whole
warrant entitling the holder thereof to purchase one common share at an exercise
price of $0.50 for a period of 12 months). The units will be sold pursuant to
various exemptions from the prospectus and registration requirements of
applicable securities laws, and in Canada will be subject to a four-month hold
period. Proceeds from the offering will be used for exploration on the Company's
Hopper Property in the Yukon Territory and for general working capital.


Any finders' fees or commissions paid by the Company will be paid in accordance
with the policies of the Exchange.


ON BEHALF OF THE BOARD OF DIRECTORS

Randy Saunders, CEO and Director

CAUTIONARY NOTE: FORWARD LOOKING STATEMENTS. Other than statements of historical
fact, all statements included in this news release, including, without
limitation, statements regarding closing a flow through financing are
forward-looking statements that involve various 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. Factors that could cause actual results to differ materially from
those expected by Bonaparte are that investors may not invest because they don't
view our new project as valuable, markets may change or for other reasons; we
may also not close the private placement because of those risks described herein
and from time to time, in the filings made by Bonaparte with Canadian securities
regulators. Those filings can be found on the Internet at http://www.sedar.com.

Bonaparte Resources Inc. (TSXV:BON)
Gráfica de Acción Histórica
De May 2024 a Jun 2024

Bonaparte Resources Inc. (TSXV:BON)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024