New Issue: Aurizon prices C$20 million of stock, flowthrough shares

New York, March 14 - Aurizon Mines Ltd. said it has agreed to sell C$20 million of common shares and flowthrough shares in a non-brokered private placement.

The deal will be made up of 3,333,333 common shares at C$1.50 each and 8,333,333 flowthrough shares at C$1.80 each.

Aurizon, a Vancouver, B.C, gold miner, will use proceeds to continue pre-production construction and exploration at Casa Berardi, where 66,000 meters of diamond drilling is planned this year.

Issuer:	Aurizon Mines Ltd.
Pricing date:	March 14
Amount:	C$20 million
Warrants:	No
Stock price:	C$1.39 at close March 14
Common shares
Amount:	C$5 million
Shares:	3,333,333
Price:	C$1.50
Flowthrough shares
Amount:	C$15 million
Shares:	8,333,333
Price:	C$1.80

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