NEWS RELEASE
Not the same PP everybody was waiting for!!!
Int'l Wayside four million share private placement
International Wayside Gold Mines Ltd IWA
Shares issued 27,403,013 2000-04-27 close $2.23
Friday Apr 28 2000
The Canadian Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 11, 2000.
No. of shares: Four million
Price: 25 cents per share
Warrants: For two million shares
Wt exercise price: 35 cents for one year
Placees: Top 10 placees (and three other placees): Webster Mrak Blumberg 1.5 million; Welcome Opportunities Ltd. 700,000; Jack Coombs 575,000; WKW Investment Club 200,000; Myron Malchuk 100,000; Jean Baardman 100,000; Chan Buckland 100,000; James Hardy 80,000; Darryl Kelly 75,000; Joe Charland 70,000
Insiders: Frank Callaghan 150,000; Andrew Rees 100,000; Ken Maddison 100,000
These securities have not yet been issued. The company must issue a news release if the private placement does not close promptly. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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