Druk Capital Announces Private Placement
February 10, 2011
DRUK CAPITAL ANNOUNCES PRIVATE PLACEMENT
Vancouver, British Columbia: DRUK CAPITAL PARTNERS INC. (the “Company”) is pleased to announce a non-brokered private placement of up to 2,700,000 common shares at a price of $0.60 per share for gross proceeds of $1,620,000.
Finder’s fees may be payable on a portion of the private placement, in accordance with the policies of the TSX Venture Exchange.
A substantial portion of the net proceeds of the private placement will be used to identify and evaluate assets or businesses for acquisition with a view to completing a Qualifying Transaction, initial refundable deposits that may be required with any target company, and to fund expenses post-Qualifying Transaction.
ON BEHALF OF THE BOARD
“Kelly Klatik”
President and CEO
For Further Information please contact:
Mr. Kelly Klatik – President and CEO Druk Capital Partners +1.604.732.5840 [email protected]
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.