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Gold/Mining/Energy : amcan minerals

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To: Wats who wrote (22)12/23/1997 6:41:00 PM
From: Wats  Read Replies (1) of 71
 
Great move today!!(hit 45 pennies) - $525,000 private placementÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
AmCan Minerals Ltdÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ AMF
Shares issued 27,092,269ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Dec 19 close $0.26
Tue 23 Dec 97ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ News Release
Mr E. Allan McCaffrey reports
The company has arranged a private placement of $525,000. The companyÿ will issueÿ 2,100,000ÿ unitsÿ atÿ $0.25,ÿ eachÿ consistingÿ of one share and one warrant exercisable for the issue of one additional share at $0.25ÿ inÿ the first year and at $0.30 in the second. The company expects the financing to close by the end of the first week in January 1998.
(c) Copyright 1997 Canjex Publishing Ltd.

Wats
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