News Release Golden Raven two million warrant private placement Golden Raven Resources Ltd GVN Shares issued 4,071,899 May 4 close $0.30 Fri 5 May 2000 Private Placement The Canadian Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 14, 2000. No. of warrants: Two million special warrants, each special warrant exchangeable into one common share and one share purchase warrant Price: 10.5 cents per special warrant Warrants: For two million shares Wt exercise price: 45 cents for two years Placees: Donald Jackson 850,000; Ray Paquette 250,000; Holstock Investments Limited 150,000 (Robert Cooles and Abbott Cresswell); David Kepkay 150,000; Nazir Dhalla 100,000; Sirret Investment Ltd. 100,000; Gang Consulting Inc. 100,000 (Nancy Gray); Domex Corp. 100,000 (Formia Foundation) Insider: William S. McKee 200,000 |