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Gold/Mining/Energy : Canadian Oil & Gas Companies
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To: skwint who wrote (6659)8/10/1999 8:59:00 PM
From: kingfisher  Read Replies (1) of 24920
 
Part of Veteran Resources August 6th release to Sedar.
Problem in this is Edson is in Alberta.A typo?
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The Corporation has completed a financing by the sale of 900,000 common share at $1.00 per share to raise gross proceeds of $900,000. Yorkton Securities Inc. acted as agent on the offering. A further subscription of $100,000 is expected to be received and closed in the week of August 9, 1999. The 900,000 common shares issued to date have been issued as flow through shares. The funds raised are expected to be expended on the Corporation's properties in northeastern British Columbia and northwestern Alberta. The Corporation is currently participating in the drilling of a well in the Edson area of British Columbia, where it is paying 25% of the costs of drilling the initial well.
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