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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Mark Bartlett who wrote (3764)9/28/1999 2:21:00 PM
From: Claude Cormier  Read Replies (1) of 4504
 
Manhattan Minerals Corp

Mr. Graham Clow reports
The equity offering of 5.0 million common shares announced on
Sept. 27, 1999, has been oversubscribed. The syndicate, led by National
Bank Financial Corp., has advised Manhattan that 5.5 million common shares
have been sold at $5 each for gross proceeds of $27.5-million. The shares
will be qualified by short form prospectus under the prompt offering system
and closing is expected to occur on or about Oct. 19, 1999.
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