Cobre Exploration Corp. announces non-brokered private placement

VANCOUVER, Sept. 2 /CNW/ - Cobre Exploration Corp. (TSX: CKB.H) (the "Company") announces in conjunction with the filing statement it has arranged a non-brokered private placement to issue up to 4,000,000 Units at $0.22 per Unit to raise gross proceeds of $880,000. Each Unit consists of one share and one half-share purchase warrant. Each full warrant is exercisable into one common share at a price of $0.35 for a two-year period. Finder's fees will be paid in connection with the private placement. Proceeds of the offering will be for operating and working capital requirements, and for future business purposes.

On behalf of the board,

    
    Allan Williams
    President
    

"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."

For further information: Terri Anne Welyki - 604-681-6855