Biometric private placements
Biometric Security Corp BMS
Shares issued 20,834,412 Jan 28 close $0.20
Fri 29 Jan 99 Private Placement
The VSE has accepted for filing a brokered private placement of:
No. of shares: 6,666,666
Price: 15 cents
Warrants: For 6,666,666 shares
Wt exercise price: 15 cents in year one; 17 cents in year two
Placees: CCD Consulting Commerce Distribution (Fred Dukas)
2,500,000; Kaieteur Resource (Adrian Hobkirk) 666,666;
Triumph Management (Ken Taves) 666,666; and nine others
Agent: Goepel McDermid
Agent's fee: Goepel McDermid is to be paid an agent's fee of 10 per
cent of $1,000,000
Agent's Wt: 1,000,000 agent warrants to purchase up to 1,000,000
shares at 15 cents per share for the first year and at
17 cents for the second
The VSE has accepted for filing a non-brokered private placement of:
No. of shares: 5,000,000
Price: 15 cents
Warrants: For 5,000,000 shares
Wt exercise price: 15 cents in year one; 17 cents in year two
Placees: Ferrier, Lullin & Cie S.A. (Kurt Ruttiman) 1,058,400;
Wendy McCleery 823,000; Rutherford Asset Management
705,600; and 11 others
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