Manhattan Minerals (MAN.T) Message Board

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Gold/Mining/Energy : Manhattan Minerals (MAN.T)

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To: Bruce Robbins who wrote (4146)	6/11/2000 5:28:00 PM
From: Sailfish	Read Replies (1) of 4504

Greetings to all... From MAN's Material Change Report filed with SEDAR June 7/00... In addition, on June 6, 2001 [sic] Manhattan agreed to issue to AFM Investments Inc. (?AFM?) Special Warrants equal to 6.0% of the gross proceeds of the sale of Special Warrants to purchasers who are introduced to Manhattan by AFM. Manhattan will also pay to AFM an incentive fee of CDN$100,000, payable in Special Warrants, if AFM introduces Manhattan to purchasers of CDN$5 million of Special Warrants. The incentive fee will increase or decrease by CDN$1 for every CDN$50 of Special Warrants purchased by AFM investors above or below CDN$5 million. ------ It doesn't appear that we paid "finder's fees, etc" for the $10 million Special Warrants deal that went to NB and Sprott, so does anyone know who this AFM outfit is, and/or why they were handed, what appears to be, such a sweetheart deal...?? Regards....Ray

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