Canadian Shells

[Tackler]

Buffalo Gold to raise $150,000 (U.S.) privately

2004-08-25 17:50 ET - News Release

Mr. John Tully reports

Buffalo Gold Ltd. has arranged, subject to regulatory approval, a non-brokered private placement of three million common shares at a price of five U.S. cents per share to generate net proceeds of $150,000 (U.S.).

The proceeds from this placement will be used to finance general and administrative expenses and to finance due diligence costs on potential acquisitions.