New Issue: Vedron raises C$3.6 million from units, flow-through shares

By Sheri Kasprzak

New York, June 9 - Vedron Gold Inc. wrapped a private placement for C$3,607,400.

The company sold, on a non-brokered basis, 4,912,334 units at C$0.60 each and 1.1 million flow-through shares at C$0.60 each.

The units consist of one share and one half-share warrant. Each whole warrant is exercisable at C$0.66 through Dec. 29, 2006.

Vedron, based in Toronto, is a gold exploration company.

Issuer:	Vedron Gold Inc.
Issue:	Flow-through shares and units of one share and one half-share warrant
Amount:	C$3,607,400
Placement agent:	Non-brokered
Settlement date:	June 8
Stock symbol:	TSX Venture: VG
Stock price:	C$0.35 at close June 8
Flow-through shares
Shares:	1.1 million
Price:	C$0.60
Warrants:	No
Units
Units:	4,912,334
Price:	C$0.60
Warrants:	One half-share warrant per unit
Warrant expiration:	Dec. 29, 2006
Warrant strike price:	C$0.66

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