Poplar Resources (PPX.V) Message Board

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Gold/Mining/Energy : Poplar Resources (PPX.V)

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To: buylowsellhigh who wrote (69)	4/3/1999 2:29:00 PM
From: arizona_ice_tea	Read Replies (1) of 81

Union Sec. still believes in PPX POPLAR RESOURCES LTD ("PPX-V;PPLTF-L") - Brokered Private Placement Poplar Resources Ltd. (the "Company") has agreed with Union Securities Ltd. ("Union") for a brokered private placement of up to 2,000,000 shares to be issued at $0.15, for gross proceeds of up to $300,000. Union will receive a commission of 10 per cent of the proceeds raised, payable is shares and/or cash, a corporate finance fee, and broker warrants equal to 15 per cent of the number of shares placed. The broker warrants will be exercisable for one year from the closing date at $0.15. The funds raised by way of this private placement will be used to further the Company's global diamond exploration and for general working purposes. This transaction is subject to regulatory approval. TEL: (604) 718-5454 W. Gennen McDowall, President & CEO FAX: (604) 682-4459

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