Conac News ReleaseConac Software Corp - Private Placement Conac 3,125,000 share private placement Conac Software Corp COT Shares issued 33,246,793 2000-10-17 close $0.33 Wednesday Oct 18 2000 Private Placement The Canadian Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Aug. 23, 2000. No. of shares: 3,125,000 Price: 32 cents per share Warrants: For 3,125,000 shares Wt exercise price: 45 cents for a one-year period; 50 cents in the second year Placees: Newhaven Construction Group Ltd. (Terry Ward - 80 per cent) 312,500; Joanne Yan 100,000; Ron Chong 80,000; Kaimar Investment Corp. (Peter Kains) 78,125; Jim Bosa 62,500; Garry Manyk 50,000; Les Maivs 39,063; Rae Clarkson 39,062; Jon Lever 35,000; Eric Malet-Veale 31,250; Robert Benko 50,000; Dev Wadhwani 2,247,500 Finders' fee: Mark Ferreira will receive a finder's fee of $71,920.00; Global Security will receive a finder's fee of $10,000.00 (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com |