CURLEW LAKE RESOURCES (CWQ-VSE) Message Board

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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE)

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To: Bearcatbob who wrote (421)	8/24/1999 3:14:00 PM
From: Taff	Read Replies (1) of 701

Curlew arranges private placement Curlew Lake Resources Inc CWQ Shares issued 22,564,526 Aug 23 close $0.16 Tue 24 Aug 99 News Release Mr. Robert Pincombe reports The company has arranged a non-brokered private placement of one million common shares in the capital stock of the company at a price of 15 cents per share together with warrants entitling the holder thereof to purchase an additional one million common shares in the capital stock of the company at a price of 20 cents per share up to a period of two years from Aug. 23, 1999. The private placement common shares and the common shares forming the warrants, if exercised, are subject to a hold period in accordance with securities regulations. The proceeds of the private placement will be used for partial financing in the Elk Hills oil field project, known as the EKHO project, situated in Kern county, Calif. A finder's fee will be payable on 700,000 units in accordance with Vancouver Stock Exchange policy. THe aforementioned private placement is subject to regulatory approval. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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