Playfair Mining short form offering
Playfair Mining Ltd PLY
Shares issued 11,047,000 Sep 28 close $0.20
Fri 28 Sept 2001 Miscellaneous
The company's short form offering document dated Sept. 24, 2001, has been
filed with and accepted by the Canadian Venture Exchange.
Effective date: Sept. 28, 2001
Offering expiry date30 calendar days ending Oct. 28, 2001
Agent: Georgia Pacific Securities Corporation
Offering: Units of up to two million shares with two million
non-transferable share purchase warrants attached, with
every two warrants entitling the holder to purchase one
common share at 30 cents per share.
Unit price: 25 cents
Agent's warrants: Up to 12 per cent of the number of units sold (240,000
maximum) non-transferable share purchase warrants, exercisable for up to
240,000 shares at a price of 30 cents per share for a one-year period
following the offering day. Price is already set.
Agent's commission: 10 per cent commission of the gross proceeds raised
payable in cash or at the agent's option, in units at a deemed price of 25
cents per unit or 200,000 units, being equivalent to the units offered
under the short form offering document.
Upon completion of the offering, the company will issue a news release
confirming the number of securities issued and monies raised pursuant to
this offering.
For further information, refer to the company's short form offering
document dated Sept. 24, 2001.
(c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com |
