SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Valley Resources (BV-ASE)
BV 12.94-0.6%3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bcjt who wrote (202)9/8/1999 4:24:00 PM
From: bcjt   of 231
 
Big Valley Resources Inc -

Big Valley private placement changes; wood business update

Big Valley Resources Inc
BV
Shares issued 21,359,310
1999-09-07 close $0.3
Wednesday Sep 8 1999
Mr. Lloyd Tattersall reports
The company has cancelled the 1.375 million unit non-brokered private placement
as announced in Stockwatch on June 16, 1999. Subject to Alberta Stock
Exchange acceptance, Big Valley will proceed with a 1.1 million unit
non-brokered private placement. The purchase price of the units will be 30 cents
and each unit will consist of one share and one share-purchase warrant. Each
warrant will entitle the holder to purchase one additional share at 50 cents within a
two-year period. Proceeds of $330,000 from the sale of the units will be used as
general working capital and to finance due diligence related to a possible
acquisition of the QR gold mine (Stockwatch, Aug. 13, 1999). Approximately
$300,000 of the total proceeds have already been received by Big Valley.
The company is currently attempting to negotiate a termination agreement with
H.D.L. Wood Industries Inc. related to a proposed wood hardening and fine
veneer business (Stockwatch, Nov. 25, 1998).
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

bcjt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News