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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Dirtpoor who wrote (4095)5/1/1999 12:34:00 AM
From: Dirtpoor  Read Replies (1) of 5821
 


Nuinsco files prospectus for $10-million financing

Nuinsco Resources Limited
NWI
Shares issued 40,440,366
1999-04-29 close $0.78
Friday Apr 30 1999
Mr. H. Douglas Hume reports
Nuinsco has filed a preliminary prospectus with the Ontario Securities Commission and similar
regulatory authorities in the provinces of British Columbia, Alberta, Saskatchewan and Manitoba
covering the $10-million special warrant financing with First Marathon Securities Limited and Thomson
Kernaghan & Co. Ltd., acting as underwriters.
Successful completion of this financing was first reported in in Stockwatch Feb. 11, 1999. The
prospectus has not yet become final for the purpose of distribution to the public. The financing is
comprised of five million special warrants at $2 per special warrant, convertible into common shares
without payment of any additional consideration for 1.6 million flow-through common shares and 3.4
million ordinary common shares. Proceeds of the financing are for exploration work on the company's
Lac Rocher, Que., and Rainy River mining claims.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

It's quiet here tonight. Does anyone have any comments?

Dirtpoor

P.S. Way to go Leafs!
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