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Gold/Mining/Energy : Position Trading in Canada

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To: New Economy who wrote (1842)12/16/1999 9:37:00 PM
From: New Economy   of 2259
 
This is interesting CY & Yorkton, I will wait for further retracement though...
Globe says Cybersurf plans special warrants
Cybersurf Corp CY
Shares issued 22,777,162 1999-12-13 close $4.3
Tuesday Dec 14 1999
The Globe and Mail reports in its Tuesday Dec. 14, edition that Cybersurf jumped 85 cents to $4.30 yesterday on the Toronto Stock Exchange. The Globe's Market Movers column reports that Cybersurf has entered into an agreement to raise $25-million to fuel its growth. The deal, led by Yorkton Securities, will see Cybersurf issue 8.33 million special warrants at $3 each. Cybersurf, which has 180,000 registered users in Calgary and Edmonton, will use the proceeds to finance its expansion into Toronto. The company offers free access to the Internet but exposes users to continuous advertising on their computer screens, says The Globe.

(c) Copyright 1999 Canjex Publishing Ltd.
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