SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kevin aseltine who wrote (4)9/13/1997 12:58:00 AM
From: kevin aseltine   of 208
 
Here is the latest release,does this mean that were finally
going to see some activity on the drilling areas ???

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: RIOSUN RESOURCES CORPORATION

VSE SYMBOL: RSR

SEPTEMBER 12, 1997

Riosun Resources Has Negotiated Financing

CALGARY, ALBERTA--The Company wishes to announce that it has

negotiated convertible notes with certain creditors, to secure

$560,000.00 in loan advances, without interest, repayable on or

before December 31st, 1998.

The principal amounts of the convertible notes, are convertible

into common shares at a price of $0.30 per share, at anytime

during the term of the loan.

The issuance of the convertible notes is subject to the acceptance

of the V.S.E.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Riosun Resources Corporation

P.C. Cochrane

President and Chief Executive Officer

(403) 266-3644

(403) 266-3648 (FAX)

The Vancouver Stock Exchange has not reviewed and does not accept

responsibility for the adequacy or accuracy of the contents of

this news release.

INDUSTRY: PCS

SUBJECT: FNC

-0-
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext