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Gold/Mining/Energy : Phoenix Gold Resources (V.PHO)

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To: David Luton who wrote (172)2/15/1998 11:37:00 AM
From: Sinker   of 285
 
Your posts caught my eye and I found this on Stockhouse. I queried PHO under the forums menu and this what I found..Note the date 06Feb98
.........

V.S.E. Notice

NOTICE TYPE: Private Placement-Non-Brokered

NOTICE DATE: February 6, 1998

The Vancouver Stock Exchange has accepted for filing documentation with respect to a Non-Brokered
Private Placement announced November 3, 1997:

Number of Shares: 120,000 shares

Purchase Price: $0.35 per share

Warrants: 120,000 non-transferable share purchase warrants to purchase 120,000
shares

Warrant Exercise Price: $0.35 for a one year period

$0.40 in the second year

Placees: Russ Froese 60,000

Judith Forst 60,000

These securities have not yet been issued. The Company shall issue a news release if the private
placement does not close promptly.

...................................

If this closes, will it not be positive for the company..shares can be had now @ .18 or so.

Sink
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