HISTORY(SKE)Okay added how many mil's of cheap paper on ske/Insiders First then you hope the stock gets promoted when your buying and you hope to make a profit in doing so.
PS Yes there are more Financings but I'll stop here
Pursuant to a special resolution passed October 12 1989, the company has consolidated its capital on a three old for one new basis and has subsequently increased its authorized capital. The name of the company has also been changed from Prolific to Skeena Resources.
______________________________________________________________
Skeena Resources Ltd (C-SKE) - News Release
Private placement, presidential stock swish
1996-01-25 12:30 ET - News Release
Shares issued 5,464,206
Close 1996-01-24 $ 0.34
Mr John Barclay reports
The company has agreed to a private placement of 1,800,000 units at $0.30 per unit. Each unit consists of one share and one half warrant. Each warrant will entitle the holder to purchase an additional share for one year at $0.35.
Proceeds will be used for initial exploration on the Odienne gold project in the northwest part of the Ivory Coast, and to further exploration on the company's diamond and gold projects in Zimbabwe.
The company's president, Mr. R. Netolitzky, has sold through the market and privately 900,000 shares and has agreed to purchase 900,000 units in the private placement.
_____________________________________________________________
Skeena Resources completes private placements
1999-08-27 14:31 ET - News Release
Shares issued 8,224,206
Close 1999-08-25 $ 0.12
Mr. John Barclay reports
The non-brokered private placement of one million units and the non-brokered flow-through private placement of one million units both priced at 15 cents per unit (as previously announced by Stockwatch June 29, 1999), have closed. Each unit of the private placements consist of one common share and one non-transferable share purchase warrant, each warrant entitling the subscribers to purchase an additional common share for a period of 12 months from the date of closing at a price of 20 cents per warrant share. All common shares are subject to a 12-month hold period.
The flow-through funds will be used to finance fieldwork on the company's diamond exploration program on the ice claims at Elkford in southeastern British Columbia, and on the company's gold
--------------------------------------------------------------
Skeena shares for debt
2000-03-17 17:00 ET - Shares for Debt
Shares issued 8,224,206
Close 2000-03-16 $ 0.12
The Canadian Venture Exchange has accepted for filing the company's proposal to issue 70,000 shares at 10 cents to settle outstanding debt.
--------------------------------------------------------------
Skeena issues shares to settle outstanding debt
2000-04-14 15:47 ET - News Release
Shares issued 8,224,206
Close 2000-04-07 $ 0.09
Ms. Bonnie Whelan reports
The company, upon receiving regulatory approval, has issued 1,106,367 shares at a deemed price of 10 cents per share to settle outstanding debt. All shares issued will be subject to a four-month hold period and may not be traded until Aug. 14, 2000.
--------------------------------------------------------------
Skeena completes 2.5 million share private placement
2001-06-12 15:42 ET - News Release
Shares issued 12,492,240
Mr. Rupert Allan reports
On June 11, 2001, certain directors of the company completed a sale of a total of 2.5 million shares of the company, held by such directors at a price of 11 cents per share through the facilities of the Canadian Venture Exchange. This will result in a sale from a control position and the appropriate filings are being forwarded to the British Columbia Securities Commission for review and approval. The proceeds from this sale will be used to finance a private placement of 2.5 million units of the company at market price less the CDNX allowable deductible per unit, each such unit being comprising one common share of the company and one-half of a non-transferable share purchase warrant, each share purchase warrant being exercisable for the purchase of an additional common share of the company for a period of two years at a price of 20 cents per share.
The company also announces its intention to undertake a non-brokered private placement for gross proceeds of $150,000 by the sale of flow-through units at a price of 15 cents gross per unit of the company, each such unit comprising one flow-through share of the company and one-half of a non-transferable flow-through share purchase warrant, whereby each flow-through share purchase warrant will entitle an investor to purchase an additional flow-through share of the company for a period of two years, at a price of 20 cents per share.
Proceeds from both private placements will be used to finance drilling programs on the Weirdale Kimberlite project in the Fort a la Corne district of Saskatchewan and on the Ice Claims kimberlite project in the Elkford district of British Columbia, and for general corporate purposes. Both private placements are subject to regulatory approval.
--------------------------------------------------------------
Skeena grants options
2001-07-26 19:03 ET - Options Proposed
Shares issued 12,492,240
Mr. J. Rupert Allan reports
A total of 250,000 directors options with an exercise price of 15 cents per share for a period of five years have been granted to three directors. In accordance with the Canadian Venture Exchange regulations, stock acquired under the option plan is subject to a four-month hold period.
--------------------------------------------------------------
Skeena 1,100,001 share private placement
2001-07-31 17:21 ET - Private Placement
Shares issued 12,492,240
The Canadian Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 12, 2001.
No. of shares:
1,100,001 flow-through shares
Price:
15 cents per share
Warrants:
550,000 non-transferable share purchase warrants to purchase 550,000 flow-through shares
Warrant price:
20 cents for a two-year period
Placees:
13 placees participated
The company must issue a news release if the private placement does not close promptly.
---------------------------------------------------------------Skeena Resources to grant stock options
2002-01-14 18:36 ET - Options Proposed
Shares issued 16,392,241
Close 2002-01-07 $ 0.09
Mr. J. Rupert Allan reports
A total of 300,000 options with an exercise price of 15 cents per share for a period of five years have been proposed for grant to two directors, subject to regulatory approval. In accordance with the Canadian Venture Exchange regulations, stock acquired under the option
--------------------------------------------------------------
Skeena lowers per-unit price of $300,000 financing
2003-04-25 13:54 ET - News Release
Shares issued 17,442,241
SKE Close 2003-04-23 C$ 0.08
Mr. J. Rupert Allan reports
Skeena Resources has amended the terms of a non-brokered private placement financing reported in Stockwatch on March 4, 2003. The placement, subject to regulatory approval, will be conducted on a best-efforts basis, to provide working capital for the corporation and to pay for the acquisition of an advanced gold exploration project. The offering will consist of three million units, each unit comprising one common share at 10 cents per share, and one share purchase warrant. Each warrant may be exercised for the purchase of one common share at 15 cents per share during the first year and at 20 cents per share during the second year. The shares issued under the private placement will be subject to a hold period and a commission may be payable on that portion of the placement not acquired by officers and directors of the company.
---------------------------------------------------------------Skeena Resources four-million-share private placement
2003-07-28 16:32 ET - Private Placement
Shares issued 17,442,241
SKE Close 2003-07-25 C$ 0.15
The TSX Venture Exchange has accepted for expedited filing documentation with respect to a non-brokered private placement announced July 10, 2003.
No. of shares:
Four million
Purchase price:
10 cents
Warrants:
Four million share purchase warrants to purchase four million shares
Warrant exercise price:
20 cents for a two-year period
No. of placees:
41
Insider:
J. Rupert Allan 150,000
Pro groups:
Brian Carlyle 200,000, David Elliott 50,000, Allan Frame 100,000, Michael Prew 100,000, Paul Trudeau 200,000 and Tom Vinterlik 200,000
Finders' fees:
50,000 units payable to Haywood Securities Inc.
65,000 units payable to Halcorp Capital Ltd.
25,000 units payable to Brian Carlyle
Pursuant to TSX Venture Exchange 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. Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
--------------------------------------------------------------
Skeena to issue shares for debt; terminates option
2003-10-06 19:01 ET - News Release
Shares issued 17,442,241
SKE Close 2003-10-06 C$ 0.23
Mr. J. Rupert Allan reports
Skeena Resources has negotiated a shares for debt settlement whereby 500,000 common shares will be issued to extinguish $100,000 of debt at a deemed value of 20 cents per share. No warrants are attached to this issue and the shares will be subject to a four-month hold period from the date of exchange approval. The shares are to be issued in lieu of property payments to three separate property vendors, two in respect of Skeena's withdrawal from two diamond exploration projects in the Fort a la Corne district in Saskatchewan and one with respect to the renegotiation of an option extension agreement on the Ice claims in the Elkford district of southeastern British Columbia.
Skeena has now terminated its last remaining option agreement on diamond exploration properties located in the Fort al la Corne district and the mineral dispositions have been returned to General Resources Inc. of Saskatoon. Previously, four properties in this same district were returned to Shore Gold Inc. The option agreement on the Ice property in British Columbia has been extended for another year from the vendor, Doublestar Resources Ltd. Skeena's diamond exploration interests in the Otish Mountains of Quebec were optioned to Diadem Resources on July 31, 2003, and Skeena will be carried without expenditure obligations through to any resulting production.
The reduction of obligations toward Skeena's portfolio of diamond exploration properties will allow the company to focus almost exclusively on finalizing the acquisition and advancement of the El Corazon gold project in Ecuador (reported in Stockwatch on July 3, 2003).
--------------------------------------------------------------
Skeena raises $400,000 in debenture financing
2004-06-14 20:10 ET - News Release
Shares issued 24,982,366
SKE Close 2004-06-11 C$ 0.30
Mr. Rupert Allan reports
CONVERTIBLE DEBENTURE
Skeena Resources Ltd., subject to regulatory approval, has closed a private placement of a $400,000 convertible debenture with three arm's-length placees. Terms of the debenture include a maturity date of six months and interest payable at 10 per cent per year. A finder's fee is payable on a portion of the debenture financing. The debentures are convertible into units where each unit shall comprise a common share and a two-year purchase warrant. The share conversion price will be determined as the two-day weighted average of Skeena's trade price on the TSX Venture Exchange after public distribution of a news release containing certain confidential data pertaining to the El Corazon gold project in northwest Ecuador. This information will be released upon closing of the El Corazon option. The warrants will be exercisable at the share conversion price plus 10 per cent during year one, and at the share conversion price plus 20 per cent during year two. The shares and warrants will have a four-month hold period. Interest is payable, at the election of the investor, in either cash or units. The use of the funds is restricted to the acquisition of the El Corazon property (refer to Skeena news releases in Stockwatch dated July 3, 2003, and Feb. 19, 2004). In the event the option agreement on this project is not closed within six months, the debenture and accrued interest will be repayable in full.
WARNING: The company relies upon litigation protection for "forward-looking" statements. |
