| February 09, 2010 Private Placement Closes | |
| TAD Capital Corp. ("TAD") wishes to announce it has closed a private placement of five million units at $0.10 per unit, for gross proceeds of $500,000. Each unit is comprised of one common share and one share purchase warrant. Each share purchase warrant is exercisable into one common share at $0.15 per share for two years. Tad may by written notice force the exercise of any unexercised warrants if the closing price of the shares on the TSX Venture Exchange is equal to or greater than $0.25 per share for a period of ten consecutive days during the term of the warrants. Any unexercised warrants will terminate on the date that is 60 days from the date of such notice of forced exercise. Mr. Conrad Clemiss stated, "Closing this placement will enable the next phase of drilling to commence shortly on our BC gold property." The units in this private placement will have a hold period that expires on June 9, 2010. In connection with this private placement, TAD paid a total of $34,120 and 341,200 common shares in finders' fees to four finders. Jim Nelson has been appointed director replacing Mr. Graeme Sewell who will remain on as a consultant. If you would like to be added to TAD's update list please send an email to ON BEHALF OF THE BOARD TAD CAPITAL CORP. Per: "Conrad Clemiss" Conrad Clemiss, President For further information, please contact: Conrad Clemiss President, TAD Capital Corp. 1604 8999302 www.tadcapital.com NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE | |
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