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Excalibur finishes First Tranche of Financing

Mon, Nov 9, 2009

Silver Company News

Excalibur Resources Ltd. (CNSX:XBR)(FRANKFURT WKN:A0MMDH) today reported that the company has closed the first tranche of a non-brokered private placement announced October 5, 2009.

The press release is quoted as saying:

The Flow Through proceeds from this financing are being used to explore and develop the Company’s Silver King project located in Nelson, British Columbia and the Sturgeon Lake project in Ontario.

Click here to access the entire press release

Click here to access Excalibur Resources Corporate Site

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  • For upcoming silver investing trade shows, see the following links: The Silver Summit, Cambridgehouse, IIC, Chicago Resource Expo

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  • SilverInvestingNews.com maintains a focus on Silver exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.

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  • The Silver Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.

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  • ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry.  Also, check for profiles of companies doing great things to improve mining best practices.

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