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Message: Re: New Shareholder - 4 % holder

Golden, the amount (2.282...M shares) is close to but not exactly equal to the the main/first part (2.1M flow-through). Perhaps, the Bloomberg item has something to do with the second part (underlined in the NR below) under the option (oversubscription)?goldhunter

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Monday, October 24, 2011

TORONTO, ONTARIO--(Marketwire - Oct. 24, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.

Probe Mines Limited (TSX VENTURE:PRB) ("Probe" or the "Company") is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, under which the underwriters have agreed to buy on a bought deal basis by way of private placement, 2,100,000 flow-through common shares (the "Flow-Through Common Shares") of the Company, at a price of C$2.45 per Flow-Through Common Share for gross proceeds of C$5,145,000. In addition, the Company has also granted the underwriters an option, exercisable up to 48 hours prior to the closing of the offering, to purchase up to an additional 4,100,000 Flow-Through Common Shares for gross proceeds of C$10,045,000.

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