VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 17, 2010) - Artha Resources Corporation (TSX VENTURE:AHC) announces that it has completed a private placement for $500,000 through the sale of 4,545,455 units of the Company at a price of $0.11 per unit. Each unit consists of one common share of the Company and one-half of one share purchase warrant. Each whole warrant entitles the holder to acquire one additional common share of the Company upon payment of the exercise price of $0.25 for a period of 24 months. The securities are subject to a four month hold period.
Artha was founded by a team of mining industry professionals with a proven track record in project generation, exploration, mining and finance. The Company's principle exploration target adjoins Silver Standards Pirquitas Mine, one of the largest primary silver mines in the world located in the province of Jujuy in NW Argentina. Artha is one of the largest mineral explorers in this region with over 1500 square kilometers of properties prospective for silver, gold, base metals and rare earths.
On Behalf of the Board of Directors,
Todd McMurrayNeither 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 release.
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