Apella Completes $308,000 Private Placement and Closes $272,500 Private Placement
19 Jun 2009 - 7:00am
The proceeds of this private placement will be used to explore and develop Apella’s Canadian Exploration projects, primarily Apella’s Lac Dore and Iron-T Iron-Vanadium-Titanium projects in Quebec.
In addition, the Company wishes to advise that the Private Placement announced on May 29th, 2009 for the placement of 2,579,545 Units and proceeds of $272,500 has closed in its entirety. The shares issued in that placement are subject to a statutory hold period until October 2, 2009.
Apella invites the public to visit its website at http://www.apellaresources.com or e-mail us at apella@apellaresources.com to be added to the Company’s e-mail list for press releases and updates.
ON BEHALF OF THE BOARD OF DIRECTORS OF APELLA RESOURCES INC.
“Patrick D. O’Brien”
Patrick D. O’Brien – Chairman
S.E.C. Exemption 12(g)3-2(b) File No. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed
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