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Chile (Sonia-Puma) | Ontario ( Tyrrell | Boyer Lake | Gold Rock | Sandy Lake | McFaulds Lake ) | British Columbia ( Todd Creek)
Goldeye Explorations Limited
27 Blue Spruce Lane, Thornhill, ON, L3T 3W8, Canada
Shares
issued prior to this private placement: 30,800,682
Goldeye
Private Placement
Toronto,
Canada, February 2, 2006 – Goldeye Explorations Limited (Goldeye) is
pleased to announce that it has completed a non-brokered arm’s length private
placement for proceeds of $205,200, subject to acceptance by the TSX Venture
Exchange. 1,140,000 flow-through units of Goldeye are to be issued at a price of
$0.18 per flow-through unit. Each flow-through unit consists of one flow-through
common share and one half of a non-transferable common share purchase warrant.
Each common share purchase warrant entitles the holder to purchase an additional
common share for two years at $0.25 per share for a two-year period.
The
proceeds are to be used to finance Goldeye’s drilling programs on its Tyrrell
Twp. Property in NE Ontario.
Goldeye
is a Canadian exploration company with projects in NE Ontario (Tyrrell Twp.,
Fawcett Twp.), NW Ontario (Sandy Lake, Gold Rock), British Columbia (Todd Creek
property in the Stewart Gold Camp), and Region V of central Chile (Sonia
property).
For
further information please contact B. Webster, C.E.O and President at 905
731 9367, Fax 905 731 9312. Goldeye’s web-site address is http:www:pathcom.com/~goldeye
The TSX
Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.