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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: TheBusDriver1/5/2006 1:08:37 PM
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I just sold my IPT:

Impact Silver 6.25-million-share private placement

2006-01-04 16:12 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 24, 2005.

Number of shares: 6.25 million shares

Purchase price: 40 cents per share

Warrants: 3,125,000 share purchase warrants to purchase 3,125,000 shares

Warrant exercise price: 50 cents for an 18-month period

Number of placees: 91

new.stockwatch.com

forty cents!?! Christ! and a full warrant to go with it too. Man now that is a PP to get into but not for us retail holders......JMO....

I think this really sucks....BWDIK?

Wayne
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