Owner
Post by Franko10 ™ on Mar 2, 2005 9:41:44 GMT -5
JAMUARY 21, 2004
PRIVATE PLACEMENT COMPLETED
J-Pacific Gold Inc. (the “Company”) is pleased to announce that the private placement in the news release of December 8, 2003 has closed. A total of 1,400,000 Units of the Company were issued at a price of $0.55 per Unit for total proceeds of $770,000. Each Unit consists of one common share and one warrant, with each warrant exercisable to purchase a further common share of the Company at a price of $0.75 per share until January 16, 2006.
The shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period and may not be traded in British Columbia until May 17, 2004 except as permitted by the Securities Act and the Rules made thereunder and the TSX Venture Exchange.
On behalf of the Board of Directors,
“N. Ferris”<br>President and CEO
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
For further information, please contact Investor Relations - Telephone 1-888-236-5200.
PRIVATE PLACEMENT COMPLETED
J-Pacific Gold Inc. (the “Company”) is pleased to announce that the private placement in the news release of December 8, 2003 has closed. A total of 1,400,000 Units of the Company were issued at a price of $0.55 per Unit for total proceeds of $770,000. Each Unit consists of one common share and one warrant, with each warrant exercisable to purchase a further common share of the Company at a price of $0.75 per share until January 16, 2006.
The shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period and may not be traded in British Columbia until May 17, 2004 except as permitted by the Securities Act and the Rules made thereunder and the TSX Venture Exchange.
On behalf of the Board of Directors,
“N. Ferris”<br>President and CEO
The TSX Venture Exchange has neither approved nor disapproved the information contained herein.
For further information, please contact Investor Relations - Telephone 1-888-236-5200.
