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Gold/Mining/Energy : TYK (VSE) Tanganyika Oil
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To: Donald Lickman who wrote (274)4/10/2000 10:22:00 AM
From: Greywolf  Read Replies (1) of 500
 
Shares for debt & PP,

The Canadian Venture Exchange has accepted for filing the company's proposal to issue:

115,183 shares at $1.80 to settle outstanding debt.

Also the Canadian Venture Exchange has accepted for filing a non-brokered private placement of:

No. of shares: 1.7 million
Price: $1.80
Warrants: For 850,000 shares
Wt exercise price: $2.00 in year one; $2.10 in year two
Placees: Kim Angora Art Centre 500,000; Al Aqaba Redshore 490,000; Adolf H. Lundin 400,000; and four others...
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