ASHBURTON VENTURES INC.
ANNOUNCES CLOSING OF
SECOND TRANCHE OF PRIVATE PLACEMENT
February 25, 2009, VANCOUVER, B.C. â€“ ASHBURTON VENTURES INC. (ABR-TSX:V) (â€œAshburtonâ€
or the “Companyâ€) is pleased to announce the closing of the second tranche of its private placement
(the “Private Placement”) announced in a news release dated January 26, 2009. Pursuant to the
Private Placement, the Company issued 1,500,000 units (the “Units”) at a price of $0.06 per Unit for
gross proceeds of $90,000. Each Unit is comprised of one common share (a “Share”) of the Company
and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to
purchase one additional Share of the Company for a period of two years from the date of issuance at a
price of $0.10 per Share.
All securities issued pursuant to the private placement are subject to a hold period expiring on June 19, 2009.
ON BEHALF OF THE BOARD
Michael England, President
For further information contact:
Michael England, Director
Telephone: (604) 683-3995
Facsimile: (604) 683-3988
Email: [email protected]
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of