raise half a million dollars.

Freewest Resources Canada Inc, based in Montreal, is trying to raise the capital by placing 2 million treasury common shares at a price of 25 cents each with LOM.

Each share is accompanied by one share purchase warrant entitling its holder to purchase one common share at a price of 30 cent per share up to 18 months after the closing date.

A finder's fee of 200,000 treasury common shares, supplemented by 200,000 warrants at 30 cents for 18 months will be paid to LOM.

Proceeds from the fund-raising venture will be used to expand Freewest's business.