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| | Tue Dec 19, 2006
Info TSX Venture Bulletin
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| | MONTELLO RESOURCES LTD. ("MEO")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: December 19, 2006
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 9, 2006 and November 14, 2006:
Number of Shares: 12,720,000 shares
Purchase Price: $0.10 per share
Warrants: 12,720,000 share purchase warrants to purchase 12,720,000 shares
Warrant Exercise Price: $0.13 for a two year period
Number of Placees: 51 placees
Finder's Fee: 774814 B.C. Ltd. (Costa Coboyannis) - $23,670
YCP Consulting Ltd. (Troy Nikolai) - $3,660
Mike Brambley - $3,300
Pacific International Securities Inc. - $7,800
Patrick Power - $18,000
Gabriela Gates - $1,200
Union Securities Ltd. - $11,550
Wolverton Securities Ltd. $600
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly.
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