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Gold/Mining/Energy : AVL.V - AVALON VENTURES

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To: Rob Toor who wrote (500)1/28/1998 6:24:00 PM
From: Sergio R. Mejia  Read Replies (1) of 1474
 
Avalon Ventures Ltd - Private Placement 666,667 special warrants at $1.50

Avalon Ventures Ltd AVL Shares issued 16,615,897 Jan 27 close $1.60 Wed 28 Jan 98 Private Placement

The VSE has accepted for filing a brokered private placement of 666,667 special warrants at $1.50. Each special warrant is exchangeable for one flow through share without payment of any additional consideration. There are no penalty provisions attached to the special warrants. The placee is Triax Resource LP II. C.M. Oliver & company will receive 7% of the gross proceeds payable by way of 46,667 shares.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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