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Warrants Alert

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Website - http://www.redcorp-ventures.com/main/

Address: 800 - 1281 Georgia St W
Vancouver BC V6E 3J7
Phone: 604 669 4775
Fax: 604 669 5330
 
Warrant Symbol - RDV.WT
Number Trading - 110,011,325
Expiration Date - July 10, 2009
Cusip - 757268 16 4
Exercise Price - $0.65

Warrants called to trade news:
 
Redcorp to list 110,011,325 warrants on July 10

2007-07-06 18:30 MT - Warrants Called to Trade
TSX bulletin 2007-0969
Common share purchase warrants in respect of 110,011,325 common shares of Redcorp Ventures Ltd. will be listed and posted for trading at the open on Tuesday, July 10, 2007, under the following trading information:

Stock symbol: RDV.WT
Cusip No.: 757268 16 4
Trading currency: Canadian dollars
Designated market-maker: National Bank Financial Inc.
Other markets: None

The warrants will be issued as part of an offering by the company of 220,022,650 E units at a price of 50 cents per E unit, pursuant to the terms of a short form prospectus dated July 5, 2007. Each E unit will consist of one common share and one-half of one warrant. The E units will separate into their component parts at the closing of the prospectus offering.

Each warrant entitles the holder to purchase one common share of the company at a price of 65 cents per share for a period of 24 months from the closing of the offering.

The warrants will be governed by the terms of a warrant indenture to be dated July 10, 2007, between the company and CIBC Mellon Trust Co. as trustee. The warrant indenture provides for appropriate adjustments to the warrants in the event of stock dividends, subdivisions, consolidations and other forms of capital reorganization.

See elsewhere in today's Toronto Stock Exchange bulletins for information regarding:

1. The prospectus offering of E units and D units, including the additional listing of common shares underlying the E units and D units;
2. The supplemental listing of the senior secured series D notes.




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