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Gold/Mining/Energy : OEL.V Osprey Energy Limited

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To: The Osprey who wrote (249)5/30/2000 10:55:00 AM
From: The Osprey  Read Replies (1) of 1134
 
Osprey Energy Ltd -

Osprey Energy $1.5-million convertible debenture

Osprey Energy Ltd
OEL
Shares issued 3,334,288
2000-05-29 close $0.6
Monday May 29 2000
The Canadian Venture Exchange has accepted for filing documentation with
respect to a non-brokered private placement of a convertible debenture
announced March 17, 2000.
Debenture:
$1.5-million
Conversion price:
Convertible into common shares at a rate of $1 of principal
outstanding for two years
Maturity date:
Two years
Interest rate:
10 per cent
Placee:
Mako Megbiz K.F.T. (Matt Mackay and Mohammed Patel)
Finder's fee:
Northfield Capital (Ken MacLeod) $107,500

(c) Copyright 2000 Canjex Publishing Ltd. canad
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