Dynasty Announces Private Placement
Vancouver, B.C. March 11 , 2004 – Dynasty Metals & Mining Inc. (TSXV: DMM; the “Company”) announces a private placement of up to one million units at a price of $0.50 per unit to raise proceeds of up to $500,000. Each unit comprises one common share and one half of a share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one common share of the Company at a price of $0.60 per share for a period of one year.
The proceeds will be used for working capital and to fund on-going exploration and development of the Company’s three mineral properties, the Dynasty, Zaruma and Jerusalem properties.
Dynasty Metals & Mining Inc. is a Canadian based mining company involved in the exploration and development of mineral properties in Ecuador. For further information about the Company, please contact Murray Oliver at (604) 687-0888 Ext. 3 or firstname.lastname@example.org or visit the Company’s web-site at www.dynastymining.com
Dynasty Metals & Mining Inc.
William McCartney, Secretary and CFO
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.