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| | October 14, 2009
$300,000 Private Placement Increased To $360,000
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| | Vancouver, BC, Canada --Burnstone Ventures Inc. ("Burnstone") is pleased to announce that further to its news release dated September 29, 2009, it has amended its previously announced non-brokered private placement by increasing the number of units to 6,000,000 units at a per unit price of $0.06, for gross proceeds of $360,000.
All other terms of the private placement will remain the same.
Completion of the above private placement is subject to all regulatory and board approvals.
For further information, please contact:
Gordon Keevil -- President
(604) 687-2038 or visit our website at www.pure-diamonds.ca or www.burnstoneventures.com.
This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The 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 any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com |
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