NR..PP completed at 06
posted on
Feb 15, 2009 03:00PM
TRES-OR RESOURCES LTD. #620– 475 Howe Street, Vancouver, BC, Canada, V6C 2B3 Web Site:
www.tres-or.com Email:
info@tres-or.com
February 13, 2009 TSX Venture
: TRS
NEWS RELEASE PRIVATE PLACEMENT Tres-Or Resources Ltd. (“Tres-Or”) is pleased to announce that it has negotiated a non-brokered private placement for up to 4,000,000 units of Tres-Or at a price $0.06 per unit. Each unit consists of one common share and one share purchase warrant, each warrant entitling the holder to purchase one common share of Tres-Or at a price of $0.08 during the first year and $0.10 during the second year. The proceeds from the private placement will be used to advance Tres-Or’s diamond exploration projects in the Timiskaming region of northwestern Quebec and for general working capital. The private placement is subject to regulatory approval. ON BEHALF OF THE BOARD OF DIRECTORS OF TRES-OR RESOURCES LTD. “Laura Lee Duffett” ___________________________ Laura Lee Duffett Director This news release shall not constitute an offer to sell or the solicitation of an offer to buy the securities in any jurisdiction. The securities of the corporation have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and subject to certain exemptions may not be offered or sold in the United States or to U.S. persons. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. About Tres-Or Resources Ltd. Tres-Or Resources Ltd. (TSX Venture: TRS) is a Canadian resource exploration company focused on the exploration of diamond and precious/base metal properties in Canada. The properties which the Company owns or which it is currently evaluating for acquisition are located in the traditional mining areas of northeastern Ontario and northwestern Quebec. Tres-Or discovered the largest diamond-bearing kimberlite in Ontario, the Lapointe Kimberlite Pipe. Tres-Or’s Quebec projects host 6 kimberlite bodies discovered by drilling. Tres-Or’s Mann platinum/palladium project, located 46 km northeast of Timmins, Ontario hosts shallow, in-situ Pt-Pd mineralization. All the Tres-Or projects in the Temagami and Timiskaming regions of Ontario and Quebec have excellent infrastructure to support exploration and development. Roads, power and a qualified workforce are all in close proximity. Tres-Or has signed a historic Diamond Exploration Agreement with the Timiskaming First Nation on traditional territorial lands in Ontario and Quebec. Additional information related to the Company is available at www.tres-or.com
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For further information contact:
Laura Lee Duffett, P.Geo. President
Ph: (604) 541-8376
Brian Biles