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Gold/Mining/Energy : Inflazyme Pharmaceuticals (T.IZP)
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To: Sean Janzen who wrote ()6/25/1998 8:24:00 PM
From: Chuca Marsh  Read Replies (2) of 1501
 
YES...YES...YES!!! ! : Goodbye the acts of ommission are a commision ( Quite a few years stonewalled- not a few months of UNTRUTHS..I saw YEARS! ) The Discovery Doc was bad medicine...I will buy back at the earliest opportunity! ( maybe a few years..you know me by now.)( I think I remember there were half those #s of shares a few -four years back...Anyone with old docs handy- I thru my file away.):
From: newsout@canada-stockwatch.com
Date: Thu, 25 Jun 1998 17:10:12 -0700
Subject: Stockwatch: Inflazyme Pharmaceuticals Ltd - News Release
To: bondee@ma.ultranet.com

$6-million private placement completed

Inflazyme Pharmaceuticals Ltd IZP
Shares issued 24,997,493 Jun 25 close $0.80
Thu 25 Jun 98 News Release
Mr. Michael Liggett reports
Inflazyme Pharmaceuticals has successfully completed the $6-million private
placement announced in Stockwatch June 2, 1998. Investors in this round of
financing were Biotechnology Investments, The Goldman Sachs Group, LP,
Royal Bank Capital Corp., and Royal Trust Corp. of Canada. Both the shares
and warrants issued in the private placement are subject to a one year hold
period expiring June 25, 1999.
The net proceeds will be used to finance continuing research and
development and for general corporate purposes.
Dr. Hassan Salari, formerly head of discovery, is no longer employed with
the company.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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