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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Intrepid1 who wrote (5961)1/15/2002 6:37:58 PM
From: Al Collard  Read Replies (1) of 11802
 
CYP-v...in the news:

Cypress proposes private placement of two million units

Tue 15 Jan 2002


Mr. Donald Huston reports

Cypress has proposed a private placement of two million units comprising
1.5 million non-flow-through units and 500,000 flow-through units. The
non-flow-through units and the flow-through units are being offered at a
price of 10 cents per unit. Each non-flow-through unit will consist of one
non-flow through share and one share purchase warrant entitling the holder
to purchase an additional non-flow through share at a price of 10 cents for
a period of two years. Each flow-through unit will consist of one
flow-through share and one flow-through share purchase warrant entitling
the holder to purchase an additional flow-through share at a price 10 cents
for a period of two years.
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