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Strategies & Market Trends : Winter in the Great White North

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To: trade15 who wrote (3346)11/1/2002 7:51:48 PM
From: tyc:>  Read Replies (1) of 8273
 
"Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The Company must also issue a news release if the private placement does not close promptly".

I'm not sure whether this answers your question. It was copied from the official approval notice of a private placement, which are always available on the TSX web page. Let me know if you have trouble finding it.
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