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

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To: Ron Waller who wrote (4813)6/8/2000 12:39:00 PM
From: Ross Mickey  Read Replies (1) of 5206
 
"The Best IMHO, was the 1.7 Million PP!!!"

I know they announced that they were doing this but I haven't seen where they have been successful is getting the people to give money.

The only announcement I saw was on May 24th which stated, "Further to news in Stockwatch March 8, 2000, announcing a private placement of special warrants at 27 cents per special warrant, the company has recieved subscription agreements and funds totalling $553,079."

On Apr 20 2000 there was also this, "The Canadian Venture Exchange has accepted for filing a non-brokered private placement of 400,000 special warrants at 25 cents."

Now, how I read this is that they have only recieved $553,079. This would include the proceeds from the 400,000 warrants announced on May 24th.

So, they are $1,200,000 shy of their goal by my read.

Best of Luck,

Ross
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