VANCOUVER, British Columbia, Aug. 20 /PRNewswire-FirstCall/ -- The Company is pleased to announce that the warrants with an expiry date of July 28, 2008 have been exercised or have expired. These warrants were from the private placement announced on July 21, 2006. The total number of warrants exercised were 408,700 shares at an exercise price of $6.00 per share for total proceeds of $2,452,200 which will be used for general working capital.
The Company currently has approximately $10 million in working cash. The Company's current stock position is 11,400,289 shares issued and outstanding; 2,080,357 shares held for options granted; and the final 250,000 shares to be issued to Falconbridge as part of the Morrison purchase agreement on commencement of production; for a fully diluted position of 13,730,646 shares.
To view information regarding Pacific Booker Minerals Inc., , please visit our website home page and reports section at http://www.pacificbooker.com/.
Contact: Gregory R. Anderson President & CEO 1-800-747-9911 1-800-234-3680
