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Gold/Mining/Energy : MICREX DEVELOPMENT CORP.:ASE

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To: Rob Ady who started this subject7/25/2000 6:12:57 PM
From: Leigh McBain   of 174
 
Last Friday evening a filing was made for a Private Placement financing for between 100,000 and 3,000,000 units at .30 with .40 warrants attached, then today the following was issued, they are unrelated, just goofy timing with the exchange doing housecleaning.

Salut,
Leigh McBain

MICREX DEVELOPMENT CORP. ("MIX")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 25, 2000
Tier 2 Company

CDNX has accepted for filing documentation with respect to a Non-Brokered Private Placement:

Number of Shares: 620,000 shares

Purchase Price: $0.20 per share

Placees: There were 10 placees participating in this private placement, including the two insiders listed below.

Insider / Pro Group Participation:

Insider=Y /
Name ProGroup=P # of Shares

Stanley E. Marshall Y 85,000
Max Morpurgo Y 100,000

Note: This price per share was approved based on the Company's closing price on December 6, 1999, the date the application was received by our offices.

These securities have been issued.
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