Company News Releases...
May 1, 2006
Private Placement Completed; Writ Served
Vancouver BC, May 1, 2006: The Company has completed 970,200 units of the
non-brokered private placement announced on March 1, 2006. The private
placement units consisted of one share at a purchase price of $4.00 per share,
and one warrant to purchase an additional share at a price of $4.50 exercisable
any time prior to 4:30 p.m. Vancouver time on April 11, 2008. The shares shall
not be traded before August 11, 2006. The proceeds of the private placement
will be used for general working capital. No finders fee or commission was
payable for this private placement.
The Company wishes to announce that it has been served with a Writ of Summons
and Statement of Claim by an optionor of the property adjoining the Company's
Morrison property. It is alleged that the Option Agreement is of no further
force and effect. The Company intends to vigorously defend the legal action.
The litigation does not affect the ownership of the Morrison property in which
the Company is currently undertaking a pre-feasibility study in transition to a
full bankable feasibility study. The TSX Venture Exchange has neither approved
nor disapproved the comments or contents of this release.
To view information regarding Pacific Booker Minerals Inc., please visit our
website home page and reports section at http://www.pacificbooker.com,
On Behalf of the Board of Directors
"John Plourde"
John Plourde, Director
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