Devonshire Resources Announces Private Placement
VANCOUVER, July 14 /PRNewswire-FirstCall/ - Devonshire Resources Ltd., (TSX-V: DSH, OTCBB: DSHRF) announces that it proposes to raise up to $150,000 through a non-brokered private placement to pursue exploration activities and for working capital. The private placement will consist of 600,000 units at $0.25 per unit. Each unit will comprise one share and one warrant, each warrant entitling the holder to purchase one share at $0.35 per share for 2 years. A finders fee of 7% will be payable in units. This financing is subject to approval of the TSX Venture Exchange. ON BEHALF OF DEVONSHIRE RESOURCES LTD. "Tim Crowhurst" Tim Crowhurst President and Director The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements. SOURCE Devonshire Resources Ltd. (604) 764-5099, www.devonshireresources.com










