| World Ventures Inc.(OTCBB: WVNTF) Announces Private Placement Financing |
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News Release
Each unit is composed of one common share in the capital of World Ventures Inc., and one two year common share purchase warrant. Each purchase warrant will entitle the holder to purchase one additional common share of World Ventures Inc., for a period of 24 months from closing at an exercise price of 25 cents per share in the first year and 35 cents in the second year. There are no finders' fees or commission payable in relation to the private placement. Proceeds from the non-brokered private placement will be used to finance the Company's exploration programs located in Nevada and Ontario and for general working capital.
Feb. 28, 2006 Nanaimo British Columbia, Canada Feb. 28, 2006 Ray Carson President of World Ventures Inc.(B:B:WVNTF) announces that the Company has negotiated a non-brokered private placement of one million two hundred and fifty thousand units at a price of 20 cents per unit.
Tel. 250 756 0291 |
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