Will, anyone, do you know how many shares Dundee may have remaining from TWG financings?
Heres the original release:
Monday, November 15, 1999
Toronto Stock Exchange "TWG"
Berlin OTC Exchange "878 341, EDV-Kürzel ATG"
Financing Diamond Exploration Program
TWIN GOLD CORP ("TWG-T;TWIGF-L") - Financing Diamond Exploration Program
Twin Gold Corporation ("Twin Gold") is pleased to announce the engagement of Dundee Securities Corporation ("Dundee Securities") to act as agent for a private placement of special warrants of Twin Gold to raise proceeds of between $3,000,000 and $5,000,000. The private placement is subject to the receipt of all required regulatory approvals.
Twin Gold will issue a minimum of 6,666,666 and a maximum of 11,000,000 special warrants at a price of $0.45 per special warrant. The special warrants will be issued in two classes, with one class entitling the holder thereof to acquire, for no additional consideration, one "flow-through" common share and one half of one warrant of Twin Gold and the other class entitling the holder thereof to acquire, for no additional consideration, one common share and one half of one warrant of Twin Gold. Each warrant will be exercisable for one common share at a price of $0.50 per share for a period of twelve months from the date of closing of the private placement. |
