Kensington Resources Ltd. (V.KRT) * Diamond in the rough! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mike G who wrote (4742)	4/23/2000 10:52:00 PM
From: Ross Mickey	Read Replies (2) of 5206

Is this a joke? ++++++++++++++ FORM 20-F FILE #0-24980 Wednesday, March 08, 2000 $ 1.7 MILLION PRIVATE PLACEMENT Kensington Resources Ltd. (the ?Company?) reports that it has arranged for a non-brokered private placement of 6,300,000 Special Warrants at a price of $0.27 per Special Warrant for gross proceeds of $1.7 million. Each Special Warrant is convertible for no additional consideration into one unit of the Company comprised of one common share and one non-transferable share purchase warrant. Each share purchase warrant shall entitle the holder thereof to purchase one additional common share in the capital of the Company at a price of $0.37 for a period of one year from closing. The proceeds of the private placement will be used to fund drilling programs at the Fort a la Corne Diamond Project in Saskatchewan as well as for general working capital.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next