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Gold/Mining/Energy : MODERN RECORDS INC. (MZR.V & MDNR.OTC)

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To: VIP Condo who wrote (184)2/28/2001 12:40:10 AM
From: bcjt   of 188
 
Modern Records 871,166 share private placement

Modern Records Inc MZR
Shares issued 27,454,114 Feb 27 close $0.15
Tue 27 Feb 2001 Private Placement
The Canadian Venture Exchange has accepted for filing documentation with
respect to the final tranche of a non-brokered private placement.
No. of shares: 871,166
Price: 12 cents per share
Warrants: For 871,166 shares
Warrant price: 20 cents for a two-year period
Placees: Four placees participated
Finder's fee: Jordac Investments Ltd. (Nicholas Reeves), 42,000
shares; Union Securities, 38,000 shares; and Fredrik
Posse, 8,000 shares
These securities have not yet been issued. The company must issue a news
release if the private placement does not close promptly.
(c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com
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