New Dimension Resources Ltd. (TSX VENTURE:NDR) (the "Company" or "New Dimension") - 

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES


Due to market conditions, the Company has decided to revise the price of its
non-brokered private placement, previously announced on January 19, 2010, to
$0.20 per Unit. All other terms of the private placement remain unchanged.


Net proceeds of this private placement will be used to further the Company's
exploration projects, fund possible new acquisitions and for general working
capital.


The Units will be offered and sold by way of private placement exemptions in all
provinces and jurisdictions of Canada, other than Quebec, as to be mutually
agreed to by the Company and the Agent, into the United States via Rule 144A or
in such other manner as not to require registration under the United States
Securities Act of 1933, as amended, and into jurisdictions outside of Canada and
the US.


This private placement share offering is subject to, among other things, receipt
by New Dimension of all necessary regulatory approvals, including the approval
of the TSX Venture Exchange and a hold period of 4 months for all issued
securities.


About New Dimension Resources

New Dimension is engaged in the acquisition, exploration and development of
quality exploration opportunities throughout the Americas. Currently, the
Company's exploration activities are focused on Cenepa Project, which is located
along the Ecuadorian border in northern Peru, and covers the projection of a 20
kilometre long north-south trending mineral belt that features Kinross Gold
Corp.'s (K-TSX) Condor Project and the Fruta del Norte gold discovery. New
Dimension also maintains several key mineral properties situated in Nevada,
Canada and South America.


ON BEHALF OF THE BOARD

NEW DIMENSION RESOURCES LTD.

Fred G. Hewett, P.Eng., President & CEO

This news release may contain forward looking statements which are not
historical facts, such as ore reserve estimates, anticipated production or
results, sales, revenues, costs, or discussions of goals and exploration
results, and involves a number of risks and uncertainties that could cause
actual results to differ materially from those projected. These risks and
uncertainties include, but are not limited to, metal price volatility,
volatility of metals production, project development, ore reserve estimates,
future anticipated reserves and cost engineering estimate risks, geological
factors and exploration results. See New Dimension's filings for a more detailed
discussion of factors that may impact expected results.


This news release does not constitute an offer to sell or solicitation of an
offer to sell any securities in the United States. The securities have not been
and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") or any state securities laws and may not be
offered or sold within the United States or to U.S. Persons unless registered
under the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
New Dimension Resources (TSXV:NDR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more New Dimension Resources Charts.
New Dimension Resources (TSXV:NDR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more New Dimension Resources Charts.