|Jun 06, 2007|
Herbert Abramson - Announcement Acquisition of Rights of St Andrew Goldfields Ltd.
|Mr. Herbert Abramson, Chairman of the Board of St Andrew Goldfields Ltd. ("St Andrew"), announces that he has acquired directly or indirectly, 63,270,629 units of St Andrew at a price of $1.00 per unit, pursuant to a rights offering which was completed on May 31, 2007. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable for one Common Share at $1.25 per share until December 1, 2008.|
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