Update on recent press releases. Keep an I on this one as it and others Indonesian exploration companies like BNO.V, ISX.V, SCP.V, PCR.V and SHF.V might get some play as I sense there is a shift to more promotion happening.
These companies have been waiting for the BRE-X fallout to diminish before releasing news and these companies are also waiting for 7th generation C.O.W.'s which should be announced in the not too distant future.
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1m shares at $0.23
Inlet Resources Ltd INS
Shares issued 10,576,660 Jun 18 close $0.18
Mon 23 Jun 97 Private Placement
The VSE has accepted for filing a non-brokered private placement of:
No. of shares: 1,000,000
Price: $0.23
Warrants: For 1,000,000 shares
Wt exercise price: $0.23 in year one; $0.26 in year two
Placee: El Jinebro Tico (Alfonso Jimenez)
Finder's fee: 100,000 shares to Ricardo Rojas
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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Inlet Resources Ltd INS
Shares issued 10,576,660 Jul 31 close $0.20
Fri 1 Aug 97 Options Granted
On July 8 1997, directors and employees have been granted options on
744,500 shares at $0.20 expiring July 7 2002.
On July 8 1997, directors and employees have been granted options on
435,000 shares at $0.20 expiring December 4 2001.
On July 8 1997, directors and employees have been granted options on 42,500
shares at $0.20 expiring December 29 2001.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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Kohlberg Capital services retained
Inlet Resources Ltd INS
Shares issued 10,576,660 Jun 26 close $0.18
Fri 27 Jun 97 News Release
Mr William Daly reports
The company has retained the services of Kholberg Capital Management to
assist the company with its investor relations programs. Kholberg Capital's
services will include organizing and managing company communications for
the company, handling inquiries from the public, and developing and
maintaining contract with shareholders and brokers.
Kholberg will provide its services to the company at a monthly cost of
$2,500. The initial term of the agreement is one year, during which term,
either Kholberg or the company may terminate the agreement by giving 30
days notice of such termination.
Kohlberg Capital is a private Bahamian registered company offering its
services to organizations seeking the expertise of professional marketing
advisers in the dissemination of company information. Kholberg is owned
100% by Mr Barry Herman who is an unrelated party to the company. Kholberg
and Mr Herman have no interest in and own no securities of the company.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com |
