St. Jude Resources......V.SJD Message Board

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Gold/Mining/Energy : St. Jude Resources......V.SJD

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To: Elizabeth Andrews who wrote (2898)	6/30/2000 5:22:17 PM
From: Ross Mickey	Read Replies (2) of 3065

I have never seen a company do this before. St. Jude re-negotiates private placement St. Jude Resources Ltd SJD Shares issued 14,696,188 Jun 29 close $0.48 Thu 29 Jun 2000 Mr. Michael Terrell reports The company, as a result of the negative response received from shareholders, has re-negotiated the prices of both the private placement and the options which were announced yesterday. The closing price of the stock yesterday was 44 cents and the private placement and options have been re-priced at 45 cents. All other terms of the private placement including warrant exercise price, and the options, shall remain the same. The original pricing was well within the maximum allowable discount pursuant to the provisions of the CDNX policy guidelines. The re-pricing was re-negotiated to market price in order to satisfy concern raised by shareholders who have been very patient and loyal in an extremely difficult and depressed resource market. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

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