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Report on Share Activity
posted on
Apr 29, 2009 01:04AM
April 29, 2009
Moto Goldmines Limited-Report on Share Activity
PERTH, WESTERN AUSTRALIA--(Marketwire - April 29, 2009) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH ANY US NEWSWIRE SERVICE
Moto Goldmines Limited ("Moto") (TSX:MGL)(AIM:MOE) received notification on April 27, 2009 from Electrum Strategic Holdings LLC ("Electrum") that it had purchased 8,000,000 Common Shares of Moto as part of Moto's recently completed prospectus offering that closed on April 27, 2009. As a result, the aggregate number of common shares of Moto held by Electrum, at April 27, 2009 was 14,967,300 common shares, representing 14.1% of all outstanding Common Shares.