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Gold/Mining/Energy : Peruvian Gold Ltd. PVO
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To: D.M. who wrote (660)1/14/1999 5:40:00 PM
From: kidl  Read Replies (1) of 892
 
Could someone please explain this part to me:
A private placement of 1,000,000 units to raise $625,000 has been arranged.
Each unit comprises a share and a two year warrant exercisable at 70 cents
in year one and 75 cents in year two. The purchaser of the units is
Bradstone Equity Partners, Inc.
Bradstone presently has a 24.7 per cent ownership interest in the company
and this purchase will increase Bradstone's interest to 29.56 per cent.
And here I thought cash was the least of our problems or has the kiddy already disappeared and we just haven't found out about it.
Bas&^*ds!
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