ASHBURTON REDUCES FINANCING PRICE
April 20, 2009, VANCOUVER, B.C. â€“ ASHBURTON VENTURES INC. (ABR-TSX:V)
(â€œAshburtonâ€ or the “Companyâ€) announces it is reducing the price of its previously
announced non-brokered private placement (see March 31st, 2009) from $0.15 to $0.12, repricing
the associated warrants from 17 cents to 15 cents, and amending the one year warrant
to be eighteen months.
The proceeds from the private placement will be used to pay for drilling and working capital.
A finder’s fee may be payable on the private placement in accordance with the policies of the
TSX Venture Exchange. The private placement is subject to TSX Venture Exchange
Ashburton Ventures Inc. is a recently listed junior exploration company whose mission is to
acquire highly prospective base and precious metal properties for the benefit of its
ON BEHALF OF THE BOARD
Michael England, President
For further information contact:
Telephone: (604) 683-3995
Facsimile: (604) 683-3988
Email: [email protected]
Neither 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.