CANADA'S FIRST STOCK OFFERING OVER THE INTERNET
_________________
This press release caught my eye today. I don't know a thing about the company, but thought it was an interesting idea - sort of a DRIP with a twist. I assume this is possible because of the CDN quotation rather than a formal exchange listing. The release is courtesy of ISDN ....David
_________________
at www.e-minerals.com Subscribers Can Purchase Shares Online
by Credit Card and Pay No Brokers Commissions or Fees
e-minerals exploration corp. ("e-minerals") announces that it has
launched Canada's first offering of shares directly over the
Internet. e-minerals has received a receipt for its prospectus
and has been registered as a dealer in the Security Issuer
category with the Ontario Securities Commission (the "OSC"),
permitting e-minerals to offer its stock directly to investors
over the Internet at www.e-minerals.com
"The launch of e-minerals' stock offering marks a significant
milestone in the growth of e-commerce in Canada by offering
investors the opportunity to purchase stock directly over the
Internet," says Patrick Farrell, President and CEO of e-minerals.
The Internet prospectus offering procedure was developed and
executed by the Toronto securities law firm of Boyle & Company.
"We worked with staff of the OSC to ensure that the e-minerals'
Internet offering provides the highest standards of investor
protection," says lawyer Jim Boyle. "We were able to work within
the existing regulatory regime to permit e-minerals to offer
shares directly over the Internet, something never done before in
Canada."
The best efforts offering consists of a maximum of 2,150,000
common shares of e-minerals to be sold directly over the Internet
at a price of $0.35 per share. Investors may access e-minerals'
online prospectus and subscribe for shares at www.e-minerals.com.
No brokers fees or commissions are paid by the investor.
Prospective investors may review the Company's prospectus online
at its prospectus web-site at www.e-minerals.com. Each
subscription for Common Shares of e-minerals is subject to a
minimum purchase of 300 Common Shares per subscriber.
Investors may subscribe for Common Shares by duly completing the
online subscription agreement available at www.e-minerals.com and
submitting it to the Company by way of the Internet. In order to
subscribe for Common Shares, investors must first confirm their
Ontario residency, receipt of the prospectus and suitability of
to them of investment in the Common Shares. Payment may be made
over the Internet by Visa, MasterCard and American Express using
e-minerals' prospectus online payment system. Online
subscriptions and payments will be processed using a secure
server and encryption.
Investors may also subscribe for Common Shares by returning a
downloaded and completed subscription agreement and payment to
the Company at its office.
The Canadian Dealing Network Inc. (the "CDN") has conditionally
approved the quotation of the Common Shares of the Company on the
CDN system, subject to the Company fulfilling all of the
requirements of the CDN. At the request of e-minerals, a dealer
registered under the Securities Act (Ontario) has been approved
as a market maker on the CDN with respect to the Common Shares.
e-minerals is a junior natural resource company with a zinc
mineral exploration property in Clarendon Township, Ontario.
For further information contact Patrick V. Farrell, President at
(416) 720-1415.
|
