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Bench Mark Journal: BenchmarkJournal.com Sector Analysis for LAM
[June 03, 2008]

Bench Mark Journal: BenchmarkJournal.com Sector Analysis for LAM


(M2 PressWIRE Via Acquire Media NewsEdge)
RDATE:03062008

LONDON- Benchmark Journal brings independent company and sector
research together, utilizing top financial advisors and investment
tactics to provide you with a clear picture of investment
opportunities. Once you register as a free member to
www.benchmarkjournal.com, you will be granted full access to our site,
including sector analysis and company analysis. Our company profiles
will be at your fingertips, presented in a clearly laid out format that
allows you to easily comprehend the dynamics of our featured companies.
Our analysts have selected the following company, Laramide Resources
Ltd. (TSX: LAM), for review as it has noteworthy corporate development
and have potential for growth.

This Tuesday, during the early hours of trading, Laramide Resources was
down 2.15 percent with a volume over 30,000.

This Tuesday, June 3rd, 2008, Laramide Resources Ltd., announced that
is has set the terms for its previously announced equity financing (the
"Offering"). The Offering will consist of 3,375,000 common shares at a
price of $4.00 per common share for gross proceeds of $13,500,000. The
Offering will be conducted through a syndicate of underwriters led by
Dundee Securities Corporation and including Clarus Securities Inc. and
Haywood Securities Inc. (collectively the "Underwriters"). In addition,
Laramide has granted to the Underwriters an over-allotment option
exercisable for a period of 30 days after the date of closing of the
Offering for additional aggregate gross proceeds of $1,350,000,
representing an amount equal to 10% of the gross proceeds of the
Offering.

In connection with the Offering, Laramide has filed a preliminary short
form prospectus with the securities regulatory authorities in each of
the provinces of Canada other than Quebec. The Offering is scheduled to
close on or about June 19, 2008 and remains subject to certain
conditions, including the receipt of all necessary regulatory
approvals, including the approval of the Toronto Stock Exchange.

The securities being offered have not been, nor will be, registered
under the United States Securities Act of 1933, as amended, and may not
be offered or sold within the United States or to, or for the account
or benefit of, U.S. persons absent U.S. registration or an applicable
exemption from U.S. registration requirements. This release does not
constitute an offer for sale of securities in the United States.

To view our research, sign up to www.benchmarkjournal.com now. Timing
and knowledge are essential components of every successful investment,
and thus we only release analysis when the timing is ideal for action.
To reap the full benefits of our services sign up now, and get informed
when it matters.

Companies looking to receive additional exposure of their equities
please email us at [email protected] so that we can gather
more information about your needs.

If you are tired of being the last to hear about exciting opportunities
and want to know what the others seem to know before you, sign up now
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strong trading opportunities, but also be able to capitalize on them
when the markets are ripe for the picking.

Take the time to fill in the registration form at
www.benchmarkjournal.com and become one step closer to trading in the
markets with clarity and direction.


BenchmarkJournal.com has not been compensated by any of the above
mentioned companies.

This release contains "forward-looking statements" within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section
21E the Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may", "future", "plan" or "planned", "will" or "should", "expected,"
"anticipates", "draft", "eventually" or "projected". You are cautioned
that such statements are subject to a multitude of risks and
uncertainties that could cause future circumstances, events, or results
to differ materially from those projected in the forward-looking
statements, including the risks that actual results may differ
materially from those projected in the forward-looking statements as a
result of various factors, and other risks identified in a companies'
annual report on Form 10-K or 10-KSB and other filings made by such
company with the Securities and Exchange Commission.

You should consider these factors in evaluating the forward-looking
statements included herein, and not place undue reliance on such
statements. The forward-looking statements in this release are made as
of the date hereof and Benchmark Journal undertakes no obligation to
update such statements.

CONTACT: Bench Mark Journal
e-mail: [email protected]
WWW: http://www.benchmarkjournal.com

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