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| BGL-TSXV January 15, 2010 BANDERA EXTENDS CLOSING DATE OF PRIVATE PLACEMENT Bandera Gold Ltd. announced today that it has received the approval of the TSX Venture Exchange to an extension to February 15, 2010 for the closing of its non-brokered private placement of up to of 3,333,333 units of Bandera at a price of $0.15 per unit. On Behalf of the Board Kelvin Williams President and CEO For further information please contact: Kelvin Williams, President and CEO (780) 465-4129 Web: www.banderagold.com Or Micro Cap et al, Investor Relations at: (877) 642-7622 E mail: info@microcapetal.com Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Information provided herein contains forward-looking statements. The reader is cautioned that assumptions used in the preparation of such information, which are considered reasonable by Bandera at the time of preparation, may prove to be incorrect. Actual results achieved will vary from the information provided and the variations may be material. There is no representation by Bandera that actual results achieved will be the same in whole or in part as those indicated in the forward-looking statements. |
