Rock Resources private placement
Rock Resources Inc
RKR
Shares issued 21,543,508
1999-04-14 close $0.18
Thursday Apr 15 1999
The Vancouver Stock Exchange has accepted for filing a
non-brokered private placement of:
No. of shares:
333,333
Price:
15 cents
Warrants:
For 333,333 shares
Wt exercise price:
15 cents in year one; 20 cents in year two
Placees:
Elston Johnston 283,333; and Michael
Foster 50,000
Finder's fee:
Woodcrest S.A. (Peter Leighton)
Rock Resources debenture private placement
Rock Resources Inc
RKR
Shares issued 21,543,508
1999-04-14 close $0.18
Thursday Apr 15 1999
The Vancouver Stock Exchange has accepted for filing a
non-brokered private placement of:
Convertible
debentures:
$400,000
Conversion price:
Convertible into units consisting of
one share and one share purchase
warrant at 15 cents of principal
outstanding in year one, and at 20
cents in year two.
Maturity date:
March 1, 2001
Warrants:
Each warrant will have a term of two
years from the date of issuance of the
notes and entitle the holder to purchase
one share. The warrants are
exercisable at 15 cents in the first year
and at 20 cents in the second. There
will be an automatic conversion by the
company at the end of the two-year
term if the debenture has not by then
been converted by the purchaser.
Interest:
15 per cent
Placees:
Bernie Kafka $102,000; Yung Soon
Lee $67,500; Anthony Balme $25,000;
and 19 others |
