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

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To: KC Jones who wrote (6476)2/11/2002 5:48:01 PM
From: Al Collard   of 11802
 
NGT-v...in the news:

National Gold 2.7 million share private placement


Mon 11 Feb 2002

Private Placement

The Canadian Venture Exchange has accepted for filing documentation with
respect to a brokered private placement announced Sept. 20, 2002.
No. of shares: 2.7 million common shares
Price: 15 cents per share
Warrants: 1.35 million non-transferable share purchase warrants
to purchase 1.35 million common shares
Warrant price: 25 cents for a two-year period
Placees: 11 placees participated
Insiders: Makwa Exploration 87,000; James McDonald 60,000; and
Bruno Barde 30,000
Agent: Haywood Securities Inc.
Agent's fee: $17,850 cash
Agent's option: 170,000 units
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