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Published on 10/16/2008 in the Prospect News PIPE Daily.

Ontex nixes C$3.9 million private placement of units

By Devika Patel

Knoxville, Tenn., Oct. 16 - Ontex Resources Ltd. said it will not proceed with a C$3.9 million private placement of units. The deal priced Aug. 27.

Ontex, a gold exploration company, is based in London, Ont.


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