Canadian-under $3.00 Stock-Picking Challenge Message Board

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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Al Collard who wrote (10044)	11/8/2002 7:48:26 AM
From: Al Collard	of 11802

GIM-v...in the news: Gulf Int'l Minerals 520,833-share private placement The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 24, 2002. No. of shares: 520,833 Price: 48 cents per share Warrants: 520,833 non-transferable share purchase warrants for 520,833 shares Warrant price: 60 cents for a two-year period Placee: One placee participated Pursuant to Corporate Finance Policy 4.1, Section 1.11 (d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly.

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