Major General Resources Ltd MGJ VSE January 16, 1997
Private Placement Non Brokered
The Vancouver Stock Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement:
Number of Shares: 1,365,000 shares, of which 1,092,000 shares are flow through
Purchase Price: $0.55 per share
Warrants: 1,365,000 non-transferable share purchase warrants to purchase 1,365,000 shares, of which 1,092,000 shares are flow through
Warrant Exercise Price: $0.60 for a one year period
Placees:
Kwang Yang 182,500
John Wellson 45,500
Wade Attwood 45,500
Ron Anderson 50,000
George Guy 45,500
Richard Dewinetz 91,000
Chris Franiek 100,000
Rob Hartvikson 91,000
Brad Jefferson 45,500
Otis J. Munday 45,500
Maxwell J. Munday 136,500
Esperanto Investment Corp. 45,500
Mario Franko F. Investments Ltd. 45,500
Murray Smith 45,500
Yale Simpson 45,500
Les Entreprises de Richard Atkinson Ltee 182,000
William J. Coulter 45,500
James Prier 63,750
Bernard H. Kahlert 13,250
Finder's Fee:
Midland Walwyn $26,853.75
McDermid St. Lawrence Securities $1,876.87
These securities have not yet been issued. The Company shall issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term. |
