hey look at the following press release ..
i called and asked who would put a cent in this company ( at 15) before waiting for December's news on the land option/owner contract. i was told the president , which is a good sign that he has hope and is still pumping money in. and his placement in relation to the price shows that he is not screwing around . many placements are closer to the market price or way below. december will tell, Christmas is just round the corner !
EMGOLD MINING CORPORATION. 1610 - 777 Dunsmuir Street, P.O. Box 10435 Vancouver, B.C. V7Y 1K4 langmining.com
November 10, 1999 Ticker symbol: EMR.vse SEC 12g3-2(b): 82-3003 Standard & Poors
NEWS RELEASE
Subject to acceptance for filing by regulatory authorities, the Company has agreed to issue a total of 1,529,980 shares at a price of $0.15 per share, subject to a hold period, in satisfaction of indebtedness in the amount of $229,497. The Company expects that the proposed debt settlement will assist the Company in maintaining required working capital.
Frank A. Lang, P. Eng. President
For further information please contact: Investor Relations of the Lang Mining Group Tel: (604) 687 - 4622 Fax: (604) 687 - 4212 Toll Free: 1-888-267-1400 Email: Investor@langmining.com |