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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ
CSL 349.15-2.4%Jan 23 4:00 PM EST

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To: TheBusDriver who wrote (881)12/18/2000 5:37:00 PM
From: marcos  Read Replies (2) of 1285
 
Cadre renegotiates financing units

Cadre Resources Ltd
CSL
Shares issued 4,063,218
2000-12-13 close $0.06
Monday Dec 18 2000
News Release
Mr. R. Page Chilcott reports
Further to news in Stockwatch Oct. 2, 2000, and Nov. 22, 2000, the number of
units consisting the company's private placement has been renegotiated to
371,428 units at 17.5 U.S. cents (26.68225 Canadian cents) per unit for total
proceeds of $65,000 (U.S.) ($99,105.50 (Canadian)). One share purchase
warrant will entitle the placee to purchase one additional common share of the
company for a period of 24 months from the date of initial purchase at 17.5 U.S.
cents (approximately 26.68225 Canadian cents) during the first year and at 20
U.S. cents (approximately 30.494 Canadian cents) per share during the second
year.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

>>>>>>>>>>>>

Wayne, find out if there are to be anniversary celebrations for that business plan, eh -g-
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