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

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To: Dale Schwartzenhauer who wrote (471)12/3/1999 6:03:00 PM
From: bcjt  Read Replies (1) of 701
 
Curlew Lake arranges private placement

Curlew Lake Resources Inc CWQ
Shares issued 22,764,526 Dec 2 close $0.12
Fri 3 Dec 99 News Release
Mr. Robert Pincombe reports
The company has arranged a private placement of 350,000 common shares in
the capital stock of the company, of which 200,000 are flow-through, at a
price of 15 cents per share, together with warrants entitling the holders
thereof to purchase an additional 350,000 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 the agreement day. The private placement common shares, the
flow-through common shares, and the common shares forming the warrants if
exercised, are subject to a four-month hold period in accordance with
securities regulations.
The proceeds of the private placement will be used for exploration
activities in the Turner Valley area of Alberta and working capital.
The aforementioned private placement is subject to regulatory approval.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

bcjt
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