Kensington Resources Ltd. (V.KRT) * Diamond in the rough! Message Board

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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!

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To: maxed who wrote (3798)	5/3/1999 5:36:00 PM
From: saul mikaliukas	Read Replies (6) of 5206

These guys sure know how to sock it to the shareholders... Kensington private placement Kensington Resources Ltd KRT Shares issued 24,670,435 Apr 30 close $0.53 Mon 3 May 99 Private Placement The Vancouver Stock Exchange has accepted for filing a non-brokered private placement of: No. of shares: 800,000 Price: 25 cents Warrants: For 800,000 shares Wt exercise price: 30 cents in year one; 40 cents in year two Placee: Peter A. Allard Finder's fee: $12,000 to Anthony Hunte (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com Can someone give an explanation as to why the pp is at 25 cents and not say 40 or 50????????? (Outside of the "BOYZ" giving the company away to their cronies at the cost of further dilution to us existing shareholders) What a farce!!!!!!

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