Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V) Message Board

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Gold/Mining/Energy : Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V)

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To: Chris W. Karch who wrote (197)	6/18/1997 11:31:00 PM
From: Robert van Mil	of 254

1.5m shares at $0.46 Aranlee Resources Ltd ARB Shares issued 16,400,000 Jun 17 close $0.36 Wed 18 Jun 97 Private Placement The VSE has accepted for filing a non-brokered private placement of: No. of shares: 1,500,000 Price: $0.46 Warrants: For 750,000 shares Wt exercise price: $0.75 for one year Placees: Dragon Securities 750,000; and Clarion Finanz AG 750,000 (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com Btw, Dragon Securities is owned by two ARB directors, best as I can figure out. At least they had the courtesy of doing what on the surface appears to be a reasonable PP. All the best, Robert

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