MACDONALD MINES EXPLORATION LTD. ("BMK")
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: November 6, 2007
TSX Venture Tier 2 Company TSX Venture Exchange has accepted for filing documentation with respect to
a Brokered Private Placement announced August 31, 2007:
Number of Shares: 5,000,000 flow through shares
Purchase Price: $0.10 per flow through share
Warrants: 5,000,000 non flow-through share purchase
warrants to purchase 5,000,000 non flow-through
shares
Warrant Exercise Price: $0.12 for a two year period
Number of Placees: 4 placees
Agent's Fee: 450,000 common shares and 500,000 broker
warrants payable to IBK Capital Corporation.
Each broker warrant is exercisable into one
common share at a price of $0.10 for a period of
two years.