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News ReleaseKETTLE RIVER SHAREHOLDERS EXERCISE FURTHER WARRANTS December 3, 2007: Kettle River Resources Ltd. (the “Company”) is pleased to report that since the warrant exercise report dated November 7, 2008 a further $398,750 from the exercise of 1,612,500 share purchase warrants has been received. Warrants exercised were issued in conjunction with a number of private placements which closed in 2005, 2006 and 2007. Year to date exercise of such warrants has resulted in an unallocated working capital increase of $553,750 for a current working capital of $784,000. Funds will be used for general corporate purposes and to advance newfound Silver/Gold discoveries on the Company’s Greenwood Area properties. Contact Larry Widmer (250) 878 5099 or Ellen Clements 1-800 856 3966 On Behalf of the Board,
“Signed” Ellen Clements, Director President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. |
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