Searchlight Resources Inc (SCLTF)

[pmunch]

Financing will bring in Over 5 Million, heard these will be over subscribed too

Warrants at .50, unless it is revised up to .60

1. Non Brokered = 9 Mill shares at .35= 3.15 Million
2. Brokered = 4,285,714 at .35 = 1.5 Million
3. Private Placement =142,857 at .35 = .05 Million
4. Additional oversubscribed placement $

Exploration program will cost an anticipated 942,000

61,928,359 shares of common stock