Caldera Receives Conditional Acceptance for its Private Placement

Caldera Resources Inc. (TSXV:CDR) announced that it has received conditional acceptance from the TSX Venture Exchange, for its previously announced non-brokered private placement to raise up to $168,000.

As quoted in the press release:

The Private Placement is fully subscribed with insiders of the corporation participating for a total of 60% of the Private Placement or 1,670,000 Units.

The Private Placement consists of a total of 2,800,000 units (“Units”) issued at a price of $0.06 per Unit. The proceeds from this financing will be used for general working capital.

Final acceptance of the Private Placement is subject to filing of the required documentation with the TSX Venture Exchange, on or before November 18, 2011.

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