Replies to post #4724 on Uranium Mining and Exploration

[Chamane]

I think we got the answer Litex.

This would then explain the + 16.80% of Mawson (without any news).

Anyway, I bought SAN a month ago (0,37$) for the reasons I mentioned previously and will keep it for a while. With or without Dines!

It has been stated (e.g. Grandich, Roulston, etc.)that CrossHair Exploration’s development is trailing AXU by about one year. Since CXX was about the same value as SAN 1 year ago, Santoy could possibly be trailing CXX by ~ 1 year. They are still at the "Grass root" stage..

Cxx ~ 1/4 AXU's market cap
SAN < 1/6 CXX's market cap

A lot of room.
This is only my opinion..

[oasdihf]

Santoy Proposes $1 Million Private Placement Financing
Santoy Resources Ltd. (TSX Venture Exchange – SAN) proposes to raise up to $1 million as a non-brokered private
placement financing by the issuance of Units which will be sold at a price of $0.58 CDN. Each unit will be comprised of
one common share and one-half of one common share purchase warrant. Each full warrant will be exercisable into
one common share of the Company at an exercise price of $0.90 for a period of 2 years from the closing date. The
warrants will be subject to an accelerated expiry, wherein the expiry period of the warrants may be reduced, upon
notice to holders and at the election of the Company, if the closing price of the shares is equal to or greater than
$1.20 per share for 10 consecutive trading days. If this condition is met and the Company so elects, the exercise
period will be reduced to 25 business days from the date notice is provided by the Company to the warrant holders.
This financing is subject to regulatory approval and finders' fees may be paid to accredited agents on that portion of
the funds raised by third parties. The shares issued under this financing will be subject to a hold period of four months
plus one day from the date of closing of the offering. The funds will be applied to general working capital.
About Santoy Resources Ltd.
Santoy Resources Ltd. is a Canadian mining exploration company focused primarily on the energy sector. Emphasis is
being placed on uranium projects in British Columbia, Saskatchewan, Manitoba, Central Mineral Belt of Labrador, the
United States and Central America; and on coal and coal bed methane in Western Canada. A description of our
properties, including maps and photographs, can be viewed on the Company’s website at www.santoy.ca.
On Behalf of the Board of Directors
SANTOY RESOURCES LTD.
"Ron Netolitzky"
Ron Netolitzky, President