Teslin River Resources reports that it intends to undertake, a private placement, on a post-Consolidation basis, of up to 20,000,000 units in the capital of the Company at a price of C$0.05 per Unit for gross proceeds of up to C$1,000,000. Each Unit will consist of one post-Consolidation common share in the capital of the Company and one common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the
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