January 23, 2006
Christopher James Gold Corporation (the "Company") announces that, in order to accommodate investor interest, it has increased to a total of 5,300,000 the number of units in the non-flow-through portion of its private placement announced December 16, 2005.
Each non-flow-through unit, at a price of $0.30, will consist of one common share and one-half of one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share for a period of 12 months at a price of $0.60 per share.
The total proceeds to be raised from the private placement, which includes 1,350,000 flow-through units that were issued on December 29, 2005 at a price of $0.40 per unit, will now be $2,130,000.
This increase in the private placement is subject to regulatory approval.
Christopher James Gold Corp.
Max Baker, President
For further information, contact Max Baker at 604-782-4369.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.
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