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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: laurin_de who wrote (25095)11/29/2006 7:00:35 PM
From: Crossy   of 37387
 
re: PBG.TO (Petrobank Energy)

if anyone noticed, the terms of this financing are just great not to say exciting ! No warrants, almost half of the offering will be FLOW-THROUGH shares (this is a Canadian Specialty - new shares with tax benefits attached) issued at a PREMIUM TO CURRENT MARKET PRICE of Petrobank's shares, trading under PBG.TO .. "blended" price around $20-21

kudos to management !
CROSSY
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