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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)

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To: keith massey who started this subject2/19/2004 4:19:28 PM
From: Condor  Read Replies (1) of 960
 
Capital Alliance increases financing to meet demand

2004-02-19 12:34 ET - News Release

Mr. Toby Chu reports

PRIVATE PLACEMENT INCREASED DUE TO DEMAND

Further to its news release in Stockwatch of Feb. 13 disclosing two brokered private placements, Capital Alliance Group has increased the amount being placed by Union Securities Ltd. to $1.5-million due to demand. The financing with Kingsdale Capital remains at up to $2-million.

Both financings are subject to the acceptance of the TSX Venture Exchange.
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