Mr. Pink's Picks: selected event-driven value investments Message Board

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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: xcr600 who wrote (5800)	1/10/1999 6:01:00 PM
From: Mad2	Read Replies (1) of 18998

This should answer your questions sedar.com See the section titled Capitalization in the above. I'd paste it but it's in a word table format and is illegible. After the effet of the private placement 39,524,934 shares of common and and additional 9,369,012 shares subject to options, rights and warrants are outstanding. I belive this includes options to purchace at the 1.75 per share of common as well as options excersizable at varrious strike prices (1-2/share) for employee options. All total 48,893,946 shares of common if warrants and opions are excersized for an additional 16,380,021 Canadian (using the 1.75/share ) to the company. Typical private placement, particularly when you consider where there share price was in Oct/Nov when this was being put togeather.

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