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Gold/Mining/Energy : itemus Inc.

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To: suigeneris who wrote ()	3/28/2000 8:38:00 PM
From: gonzalez39	Read Replies (1) of 293

Vengold's itemus raises $39-million in financings Vengold Inc VEN Shares issued 143,002,957 2000-03-28 close $3.1 Tuesday Mar 28 2000 Mr. Mark Maybank reports Internet technology investment and infrastructure company, itemus inc., has closed its previously announced financing of 10 million special warrants, and 1.5 million special warrants representing the over-allotment option, for net proceeds of $29.4-million. The transaction was led by Canaccord Capital with participation by Fahnestock & Co., TD Securities and Yorkton Securities. U.S. institutions accounted for 40 per cent of the transaction. The company also announced that five million warrants issued in conjunction with its 1998 debt facility financing have been exercised, resulting in an additional cash infusion of $9.8-million. This exercise of warrants brings the total amount of capital raised to $39-million. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

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