Artha Announces Private Placement of up to $1,000,000
January 25, 2010 NR-10-02
Artha Announces Private Placement of up to $1,000,000
Vancouver, British Columbia – Artha Resources Corporation (TSX.V: AHC) announces that it will carry out a private placement for up to $1,000,000 through the sale of up to 6,666,667 units of the Company at a price of $0.15 per unit. Each unit will consist of one common share of the Company and one-half of one share purchase warrant. Each warrant entitles the holder to acquire one additional common share of the Company upon payment of the exercise price of $0.25 within 24 months from the closing date of the private placement. The private placement is subject to the acceptance of the TSX Venture Exchange.
Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The team’s primary goal is to build Artha into a world class mining company, focused on the development and mining of economic minerals deposits world wide.
On Behalf of the Board of Directors,
“Todd McMurray”
President
For Information Contact:
Todd McMurray Bernie Kennedy President, Director BK Consulting Tel: 1 604 648 1530 1- 877- 489- 4440 Email: [email protected] [email protected] www.artharesources.com
Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
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