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Abstract
(Marketwire - April 6, 2010) - Bolero Resource Corp. - (TSX VENTURE:BRU) ("Bolero" or the "Company") is raising gross proceeds of $250,250 by way of a non-brokered private placement to an arm's length subscriber. The financing will consist of 715,000 flow-through common shares at a price of $0.35 with a full warrant at $0.50 for two years. The sole subscriber to the placement is AlphaNorth 2010 Flow-Through LP.
AlphaNorth Asset Management ("AlphaNorth") is a Toronto based investment manager. AlphaNorth believes that superior long term equity returns are achievable by exploiting inefficiencies in the Canadian small cap universe through careful security selection on both a long and short basis. The firm combines technical analysis with both a bottom-up and top-down strategy in the selection of investments offering the best reward versus risk opportunities. AlphaNorth manages the AlphaNorth Partners Fund which is a long biased small cap focused hedge fund and the AlphaNorth 2010 Flow-Through LP. The Fund's objective is to achieve industry leading long term returns.