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Goldnev Resources Inc. is a public energy company focused on conventional and unconventional oil and gas production, with active projects located in British Columbia, oil shale exploration program in Saskatchewan, and oil and gas production in Alberta.

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Message: Goldnev Resources Inc. Announces Private Placement Financing
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Re: Goldnev Resources Inc. Announces Private Placement Financing

posted on Jul 02, 2008 06:08PM

to qualifying residents under applicable securities legislation, for gross proceeds

Can anyone explain what is the meaning of the above statement...simply not an expert in this field.

Thanks, Famar

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