Capital Alliance 1,409,000 special warrant financing
Capital Alliance Group Inc CPT
Shares issued 13,413,512 Sep 7 close $0.37
Fri 7 Sept 2001 Private Placement
The Canadian Venture Exchange has accepted for filing documentation with
respect to a non-brokered private placement announced May 15, 2001.
No. of special warra1,409,000
Price: 50 cents per special warrant
Warrants: 1,409,000 non-transferable share purchase warrants to
purchase 1,409,000 shares
Warrant price: 62 cents for a two-year period
Placees: 24 placees participated
Insiders: Concordia Financial 600,000; Management Corp. (Toby
Chu) Tim Leong 100,000; and Quentin Mai 10,000
Finder's fee: There is a finder's fee payable to E.H. & P.
Investments AG (Beneficial owner: Erwin Haas) in the
amount of 37,700 special warrants at a price of 50
cents per special warrant. Each special warrant is
exercisable, at no cost, into one common share of the
issuer.
The company must issue a news release if the private placement does not
close promptly.
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