Company News Releases...
August 17, 2006
Pacific Booker Closes 500,000-Unit Private Placement: Company
Vancouver BC, August 17, 2006: Pacific Booker Minerals Inc. has
completed 500,000 units of the non-brokered private placement announced in
Stockwatch on June 15, 2006, and amended July 21, 2006 (see Stockwatch, July 21,
2006). The private placement units consisted of one share at a purchase price of
$5 per share and one warrant to purchase an additional share at a price of $6,
exercisable any time prior to 4:30 p.m. (Vancouver time) on July 28, 2008. The
shares shall not be traded before Nov. 29, 2006. The proceeds of the private
placement will be used to make the final cash payment to Falconbridge Ltd.
(formerly Noranda) and the balance will go toward for general working capital.
No finder's fee or commission was payable for this private placement.
Further to the news release in Stockwatch on Nov. 28, 2005, the company confirms
that the pit delineation, condemnation and geotechnical drill programs at the
Morrison property have been completed. Information collected from the drill
programs was used to develop a geotechnical database to evaluate rock mass
characteristics and to develop recommendations for the pit slope design.
Geotechnical investigations and the pit slope design reports have been
To view information regarding Pacific Booker Minerals Inc.,
please visit our website home page and reports section at
On Behalf of the Board of Directors
John Plourde, Executive Director