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Published on 12/19/2005 in the Prospect News PIPE Daily.

New Issue: Las Vegas Resorts settles $1.6 million stock sale

By Sheri Kasprzak

New York, Dec. 19 - Las Vegas Resorts Corp. said it completed a private placement for $1,600,005.

The company issued 793,260 shares at $2.017 each to employees and suppliers.

Based in Argyle, Texas, Las Vegas Resorts acquires non-gaming real estate for resale to gaming companies.

Issuer:Las Vegas Resorts Corp.
Issue:Stock
Amount:$1,600,005
Shares:793,260
Price:$2.017
Warrants:No
Settlement date:Dec. 16
Stock price:$1.06 at close Dec. 16

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