The Last press release, I dont understand what this really means but I am glad something is appening. Sincerely, Michel. ================================================== Subject: Stockwatch: Starpoint Goldfields Inc - News Release Date: Thu, 22 May 1997 14:04:55 -0700 From: newsout@canada-stockwatch.com To: mpaulin@cport.com
$405,000 private placement; Riverstone exploration to begin Starpoint Goldfields Inc STS Shares issued 6,444,175 May 21 close $0.22 Thu 22 May 97 News Release Mr Harry Bristman reports The company has arranged a non-brokered private placement of 2.7 million units at $0.15 for $405,000. The units will be comprised of one share and one two year warrant exercisable at $0.15 in the first year and at $0.18 in the second. Proceeds will be used for a work program on the company's alluvial diamond property, the Riverstone concession in Lunda Norte, Angola, working capital, and further acquisitions in Africa. Work on the Riverstone concession is expected to begin as soon as possible. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com |