And...
"Attention Business/Financial Editors:
Celtic announces financing
CALGARY, April 12 /CNW/ - Celtic Minerals Ltd. (CME.CDNX) wishes to announce that it has negotiated a non-brokered private placement of 375,000 units at a price of $0.40 per unit for proceeds of $150,000. Each unit will consist of a flow-through common share and a share purchase warrant exercisable at $0.50 for a period of eighteen months. The funds raised will be allocated towards its exploration programmes in central Newfoundland with its joint venture partner, Billiton Exploration Canada Limited.
The Canadian Venture Exchange Neither Approves Nor Disapproves of the Information Contained Herein.
-0- 04/12/2000
For further information: Kevin Flaherty, President, Celtic Minerals Ltd., Phone: (403) 261-2890, Fax: (403) 264-0793, Email: celtic@nucleus.com, Internet: www.celticm.com; D. Scott Koyich, Investor Relations, DSK Consulting, Phone: (403) 215-5979, Fax: (403) 244-1238, Toll Free: 1-877-434-3388, Email: investor.info@home.com, Internet: www.members.home.net/dsk.consulting" |
