Post by Franko10 ™ on Sept 11, 2004 14:20:46 GMT -5
The company's EOP dated April 16, 1997, has been filed with and accepted by the VSE, and filed with and receipted by the BCSC on April 22, 1997. Special warrants into units, Effective date: April 22, 1997
Conversion date: April 29, 1997
Offering: 2,000,000 units. Each unit consisting of 1.1 shares and 1.1 warrants to purchase an additional share for $0.50 upon the exercise of one warrant, until May 15, 1997.
Price: $0.35
Agent: Whalen, Beliveau & Associates Agent's Wt:
200,000 special warrants, each unit consisting of 1.1 shares and 1.1 warrants exercisable on the terms stated above; and
200,000 warrants, exercisable into 200,000 shares at $0.35 on April 22, 1997.
The offering is a special warrant conversion and all the shares are being issued to the private places of the special warrants. Shareholder Offering
Expiry date: July 5, 1997
Agent: Whalen Beliveau & Associates
Price: Market price
This EOP qualifies the sale, at the market price for the shares of the company at the time of sale, of:
300,000 shares which the company has previously issued (300,000 unit private placement) to shareholders and the sale of an additional 300,000 shares which may be acquired pursuant to the exercise of warrants.
1,000,000 shares which the company has previously issued (property acquisition consideration of 1,000,000 units) to shareholders and the sale of an additional 666,000 shares which may be acquired pursuant to the exercise of warrants. None of the proceeds of the sale from the shareholder offering will be received by the company.
Conversion date: April 29, 1997
Offering: 2,000,000 units. Each unit consisting of 1.1 shares and 1.1 warrants to purchase an additional share for $0.50 upon the exercise of one warrant, until May 15, 1997.
Price: $0.35
Agent: Whalen, Beliveau & Associates Agent's Wt:
200,000 special warrants, each unit consisting of 1.1 shares and 1.1 warrants exercisable on the terms stated above; and
200,000 warrants, exercisable into 200,000 shares at $0.35 on April 22, 1997.
The offering is a special warrant conversion and all the shares are being issued to the private places of the special warrants. Shareholder Offering
Expiry date: July 5, 1997
Agent: Whalen Beliveau & Associates
Price: Market price
This EOP qualifies the sale, at the market price for the shares of the company at the time of sale, of:
300,000 shares which the company has previously issued (300,000 unit private placement) to shareholders and the sale of an additional 300,000 shares which may be acquired pursuant to the exercise of warrants.
1,000,000 shares which the company has previously issued (property acquisition consideration of 1,000,000 units) to shareholders and the sale of an additional 666,000 shares which may be acquired pursuant to the exercise of warrants. None of the proceeds of the sale from the shareholder offering will be received by the company.