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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture
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To: Check who wrote (1317)1/20/1999 11:56:00 AM
From: Wizzer  Read Replies (1) of 15703
 
Stanford Oil & Gas Ltd - Stanford private placement

Stanford Oil & Gas Ltd
SOG
Shares issued 12,982,959
1999-01-18 close $1.4
Tuesday Jan 19 1999
The VSE has accepted for filing a non-brokered private placement of:
Convertible debenture:
$1,800,000 (secured by a general charge over the assets of
the company)
Conversion price:
Convertible into shares at 67 cents of principal outstanding
during the first 12 months and at 77 cents for the next six
months.
Maturity date:
18 months from closing
Interest:
9 per cent per year, payable quarterly
Placees:
Boone Petroleum (D.W. Busby) $1,100,000; EJ Holdings
(Earl Helsley) $425,000; DNG Capital (Nick DeMare)
$200,000; and three others

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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