Appears Possino likes the energy play as well. Any hope of a merger?
google.com
2. Private Placement - Non-Brokered
CDNX has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 17, 2001:
Number of Shares: 3,000,000 shares
Purchase Price: $0.15 per share
Warrants: 1,500,000 non-transferable share purchase warrants to purchase
1,500,000 shares
Warrant Exercise Price: $0.25 on or before October 27, 2003
Number of Placees: 25 placees
Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P No. of Shares
G&W Resources Inc.
(Ron Wiebe) Y 450,000
Ray Antony Y 175,000
Peter Sider Y 175,000
Moose Mountain Resources Inc.
(Alan Breakey) Y 175,000
Murray Palin Y 175,000
Tim Pinkoski P 150,000
Geneva Equities Ltd.
(Michael J. Tims) P 100,000
747771 Alberta Ltd.
(Michael J. Times) P 100,000
Robert Dales Y 90,100
Marcus Little Y 65,600
The Company must issue a news release if the private placement does not close promptly.
Company Contact: Ray Antony, President
Company Address: 2500, 500-4th Avenue S.W. Calgary Alberta T2P 2V6
Company Phone Number: (403) 262-8686
Company Fax Number: (403) 508-2885
________________________________________
RUBICON MINERALS CORPORATION ("RMX")
BULLETIN TYPE: Property-Asset Acquisition
BULLETIN DATE: November 16, 2001
Tier 1 Company
CDNX has accepted for filing an arm's length option agreement dated November 9, 2001 between Rubicon Minerals Corporation (the 'Optionee') and Robert Stares and Alexander Stares (the 'Optionors') pursuant to which the Optionors' will grant to the Optionee the right to acquire a 100% interest in six map-staked licenses located in the Mining District of Gander Lake, Newfoundland, over a four year period.
In consideration, the Optionee has agreed to pay the Optionors $12,000 cash upon regulatory approval, and issue a total of 200,000 common shares over a three year period, with 50,000 shares being issued to the Optionors upon regulatory approval and 50,000 shares on each of the anniversary date of November 15 over the next three years. The Optionee has also agreed, in order to maintain its interest, to make additional cash payments of $110,000 over a four year period until November 15, 2005.
The Optionors retain a 2% Net Smelter Return (NSR) royalty provided that the Optionee may purchase half o the NSR at any time upon 30 days written notice for $ 1,000,000. The Optionee will maintain the right of first refusal for the remaining 1% NSR.
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Dean Heller
Nevada Secretary of State
Corporate Information
Name: GENEVA EQUITIES LTD.
Type: Corporation File Number: C27044-2001 State: NEVADA Incorporated On: October 05, 2001
Status: Initial list of officers filed Corp Type: Regular
Resident Agent: LAUGHLIN ASSOCIATES, INC. (Accepted)
Address: 2533 N. CARSON STREET
CARSON CITY NV 89706
President: REGIS POSSINO
Address: 2533 N CARSON ST
CARSON CITY NV 89706
Secretary: REGIS POSSINO
Address: 2533 N CARSON ST
CARSON CITY NV 89706
Treasurer: REGIS POSSINO
Address: 2533 N CARSON ST
CARSON CITY NV 89706 |
