New Issue: ESO Uranium aims to sell C$2 million of units via private placement

By Devika Patel

Knoxville, Tenn., April 1 - ESO Uranium Corp. said it plans a C$2 million private placement of units via agent MGI Securities Inc.

The company will sell up to 6,666,666 flow-through units of one common share and one warrant at C$0.06 per unit. It also will sell up to 32 million units of one common share and one warrant at C$0.05 per unit.

Each whole warrant will be exercisable at C$0.10 for five years.

ESO is a resource exploration company based in Vancouver, B.C.

Issuer:	ESO Uranium Corp.
Issue:	Flow-through units of one flow-through common share and one warrant, units of one common share and one warrant
Amount:	C$2 million
Warrants:	One warrant per unit
Warrant expiration:	Five years
Warrant strike price:	C$0.10
Agent:	MGI Securities Inc.
Pricing date:	April 1
Stock symbol:	TSX Venture: ESO
Stock price:	C$0.065 at close March 31
Market capitalization:	C$3.72 million
Flow-through units
Amount:	C$400,000
Units:	6,666,666
Price:	C$0.06
Units
Amount:	C$1.6 million
Units:	32 million
Price:	C$0.05

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