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Bonaparte Announces Closing of Private Placement and Commencement of Drilling


Published on 2010-06-25 10:11:37 - Market Wire
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 25, 2010) -Bonaparte Capital Corp. (TSX VENTURE:BON) ("Bonaparte" or the "Company") announced today that it has closed the private placement previously announced on May 31, 2010. A total of 812,334 units were sold under the offering, for gross proceeds of $365,550. In connection with the offering, the Company paid finders' fees in the aggregate amount of $22,230. The units were sold pursuant to various exemptions from the prospectus and registration requirements of applicable securities laws, and in Canada are subject to a four-month hold period expiring October 26, 2010.

The Company also announced today that drilling on its Rosy property in the Yukon Territory is expected to commence in the first week of July.

ON BEHALF OF THE BOARD OF DIRECTORS
"Randy Saunders"
Randy Saunders, CEO and Director

CAUTIONARY NOTE: FORWARD LOOKING STATEMENTS. Other than statements of historical fact, all statements included in this news release, including, without limitation, statements regarding future plans and objectives of Bonaparte are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from those expected by Bonaparte are those risks described herein and from time to time, in the filings made by Bonaparte with Canadian securities regulators. Those filings can be found on the Internet at [ http://www.sedar.com ].


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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