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Published on 4/19/2007 in the Prospect News PIPE Daily.

Newfoundland Goldbar cancels C$1 million private placement of units

By Laura Lutz

Des Moines, April 19 - Newfoundland Goldbar Resources Inc. announced that it will not complete its previously announced C$1 million private placement of units.

The non-brokered offering, which priced on Feb. 26, was expected to include up to 20 million units of one share and one warrant.

Based in St. John's, Newfoundland, Newfoundland Goldbar is a gold exploration company.


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