December 9, 2009
 Back

Navasota Announces Non-Brokered Private Placement

VANCOUVER, BC -- Navasota Resources Ltd. ("Navasota") (http://www.navasota.com) is pleased to announce that it has submitted to the TSX Venture Exchange for approval a non-brokered private placement amounting to 19,999,998 common shares in the capital of Navasota (the "Shares") at a price of $0.15 per Share for gross proceeds of $2,999,999.70.

Shares acquired by the placees are subject to a hold period until the date that is four months and one day after the date of issuance, in accordance with applicable securities legislation.

Proceeds of the private placement will be used for general corporate purposes.
For additional information, please contact:

James T. Gillis, President
Telephone: (250) 374-7377

This news release contains certain statements that may be deemed "forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Navasota believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Navasota's management on the date the statements are made. Except as required by law, Navasota undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

Neither the 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 news release.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.



   Investor Overview
 News Releases
   Financial Statements
   MD&A
 
©2010 Anglo Aluminum Corp. l Terms of Use

Site By CoreCreative