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Gold/Mining/Energy : Pacific Western Credit-PWC-Toronto

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To: pavlov 1 who wrote (4)3/26/1998 5:37:00 PM
From: Robert van Mil  Read Replies (2) of 24
 
Pavlov, just figured it be good to keep the thread alive with this newsrelease. It has been out for a few days, but what the heck:

PACIFIC & WESTERN CREDIT CORP.

Stock Symbol: PWC

LONDON, Ont., March 20 /CNW/ - Pacific & Western Credit Corp. (PWC) is
pleased to announce that it has engaged Dominick & Dominick Securities Inc.,
Toronto, Ontario, to act as agent in connection with a best efforts private
placement offering of common shares.
Subject to regulatory approval, PWC expects to raise approximately $1.1
million at $1.45 per share. Net proceeds will be used for general corporate
purposes. The transaction is expected to close before the end of March, 1998.
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