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Wednesday, May 30, 2007 9:43:59 AM
Russell Industries Closes 504
May 24, 2007-- Russell Industries, Inc. (PINK SHEETS:RSDS) announces that its sale of securities pursuant to Regulation D, Rule 504, of the United States Securities and Exchange Commission will be concluded on June 1, 2007.
"The response from accredited investors was overwhelming and the equity capital raised has enabled Russell Industries to operate, acquire uranium mine claims and build a foundation for future mining, acquisitions and validation of proven and probable reserves of the assets," said Rick Berman, President and CEO.
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