Business NewsMarketWire • Landen Announces Warrant Exercise for Proceeds of $1,861,300 and Appoints Jens Hansen as New Director

Landen Announces Warrant Exercise for Proceeds of $1,861,300 and Appoints Jens Hansen as New Director

Landen Announces Warrant Exercise for Proceeds of $1,861,300 and Appoints Jens Hansen as New Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 27, 2010) - Landen Capital Corp. (the "Company") (TSX VENTURE:LAN) is pleased to announce that it has received proceeds of $1,861,300 from the exercise of warrants issued in connection with the November 16, 2009 non-brokered private placement. The accelerated expiry date of the 8,620,000 warrants and 691,500 finders' warrants was announced on April 20, 2010. A total of 9,306,500 warrants were exercised, representing 99.9% of the total warrants issued. The Company will have issued 9,306,500 common shares for these warrants.

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