check this out!
newswire.ca
The important part for us is below (the part about where how many shares went where!)
________________________________________
CYBERSURF CORP. (``CY'')
BULLETIN TYPE: Private Placement-Brokered
BULLETIN DATE: March 28, 2000
The Canadian Venture Exchange has accepted for filing documentation with
respect to a Brokered Private Placement, originally announced December 13,
1999:
Special Warrants $3.00
Special Warrants Issued: 8,335,000
Conversion Price: Each Special Warrant shall be exercisable, for
no additional consideration, for a Common Share
of the Company.
Exercise Provisions
& Expiry Date: The Special Warrants shall be exercisable at any
time until and will be deemed to be
automatically exercised (without any further act
of the part of the holder) at 5:00 p.m. (Toronto
Time) on the day (the `Expiry Date') which is
the earlier of (i) five (5) business days after
a receipt has been issued by the last of the
securities Regulators in the Qualifying
Provinces for the Final Prospectus; and (ii) the
date which is eighteen months following the
Closing Date.
If receipts for a final prospectus qualifying
the Common Shares have not been issued by all
applicable regulatory authorities within 90
days of the closing of the Offering, holders
of Special Warrants will be entitled to
receive 1.1 Common Shares upon exercise of
the Special Warrants without payment of
additional consideration.
Closing Date: December 21, 1999.
Placees: Top ten placees:
Bisset & Associates Investment Mgmt. 1,060,000 Alberta
C.A. Delaney Capital Management 1,200,000 Ontario
Canadian Pacific North American Pension fund 250,000 Ontario
Guardian Capital Inc. 750,000 Ontario
Libra Fund L.P. 225,000 New York
Royal Canadian Small Cap Fund 375,000 Ontario
Tdam Inc. 500,000 Ontario
Scotia Cassels Investment Counsel 200,000 Ontario
Yorkton Securities Inc. 2,100,000 Ontario
GLS (Cayman) LP 300,000 New York
Agents: Yorkton Securities Inc., Sprott Securities
Ltd., CIBC World Markets
Agents Compensation: The Company shall pay to the Agents at Closing
in cash a commission equal to 7% of the gross
proceeds realized by the Corporation in respect
of the sale of the Special Warrants.
Compensation Warrants exercisable to acquire,
without payment of any additional consideration,
833,500 Compensation Options, which Compensation
Options are exercisable to acquire that number
of Common Shares that is equal to 10% of the
number of Common Shares issuable upon exercise
of the Special Warrants at a purchase price of
$3.00 per Common Share at any time during a
period commencing on the Closing Date and ending
on the date which it two (2) years from the
Closing Date.
_______________________________________________________ |
