Thursday, 27 August 2009

Anglo Swiss Brings Kingsdale Capital Markets To The Table


Anglo Swiss Resources Inc.
(TSX-V: ASW) (OTCBB: ASWRF) (BERLIN: AMO)
Basic Shares 130.2 million
Fully Diluted 150 million

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Anglo Swiss announced today that the company has agreed to a brokered private placement to the sum of $2.1 million.

Toronto based Kingsdale Capital Markets has agreed to sell the financing on a best efforts basis for 7 million units at $0.30 per unit. Each unit will consist of one common share and one-half common share purchase warrant exercisable for two years at $0.60.

Anglo has ear marked the funds both for exploration drilling this fall and to finish its mill facility at the Kenville gold mine above Nelson, British Columbia.

See full news release here.......