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Message: Non-Brokered Financing

Non-Brokered Financing

posted on May 23, 2009 12:20PM
May 22, 2009
Donner Metals Ltd.: Non-Brokered Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 22, 2009) -

NOT FOR DISSEMINATION INTO THE UNITED STATES OF AMERICA OR DISTRIBUTION TO U.S. NEWSWIRE SERVICES

Mr. David Patterson, Chairman of Donner Metals Ltd. (TSX VENTURE:DON) (FRANKFURT:D4M), reports that the Company is undertaking a non-brokered private placement in an amount of up to $1,500,000. The funds in this private placement will be raised by the Company by issuing non flow-through ("NFT") Units at a price of $0.15 per NFT Unit, each NFT Unit is comprised of one common share and one warrant, each whole warrant is exercisable into one common share at a price of $0.25 for two years.

Fees and commissions will be payable in connection with the private placement. The private placement is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DONNER METALS LTD.

David Patterson, Chairman
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