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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (258)	12/14/2012 6:09:29 PM
From: Goose94	Read Replies (1) of 202424

Int'l Enexco (IEC-V) has closed and oversubscribed $1.6-million placement. Dec 14, 2012 - News Release International Enexco Ltd., further to its Nov. 16, 2012, news releases announcing a non-brokered private placement of 1.6 million flow-through shares at 60 cents per share for proceeds of $960,000 on a non-brokered private placement basis, the company has closed and oversubscribed to 2,666,667 shares for aggregate proceeds of $1.6-million. The net proceeds from the private placement will be used to finance Enexco's portion of a $6-million exploration program at the Mann Lake uranium project in Saskatchewan. The company will pay $61,900.10 in finders' fees in connection with the closing of the placement. All of the securities issuable in the placement are subject to a hold period ending on April 14, 2013. We seek Safe Harbor.

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