Business & Finance
Business and Finance
Business and Finance 
Mon, November 30, 2009
Sun, November 29, 2009
Sat, November 28, 2009
Fri, November 27, 2009
TORONTO, ONTARIO--(Marketwire - Nov. 27, 2009) - Pacific Comox Resources Ltd. (TSX VENTURE:PCM) reports the Company plans to raise C$200,000 through a number of private placements. Of the financing $100,000 is in the form of units consisting of one flow-through share and one common share purchase warrant and $100,000 is in the form of units consisting of one common share and one common share purchase warrant. A warrant is exercisable for one common share at C$0.10 for one year from closing. Each unit is priced at C$0.05. The securities will be subject to a four month hold period from the date of closing. A finder's fee of 8% is payable where applicable. The Company has 171,960,655 common shares outstanding.
The funds raised will be used to advance the exploration program on the Ryan Lake copper-molybdenum property near Matachewan, Ontario, the Mabel gold/silver property in Mexico and general corporate purposes.
The financing is subject to regulatory approval.
Donald Empey, President
For further information please contact Donald Empey at tel: 416 977 4653,
fax: 416 977 8335 or email at [ dempey@pacificcomox.com ] or visit Pacific
Comox's website at [ www.pacificcomox.com ].
Pacific Comox Resources Ltd.
One Dundas Street West, Suite 2300, Box 13;
Toronto, Ontario Canada M5G 1Z3
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.