And next week is here already
GLOBALSTORE.COM, INCORPORATED ("GSO") - Reverse Takeover, Private Placement-Brokered, - Escrow Agreement, Property-Asset Agreement REVERSE TAKEOVER An agreement, dated October 13, 1998, between GlobalStore.com, Incorporated (the 'Company') (formerly Sheffield Resources Inc.) and Global eComm Ltd., has been accepted by the Vancouver Stock Exchange. Under the terms of the agreement, the Company will purchase all of the outstanding shares of Global eComm Ltd., in consideration of the Company issuing 2,399,000 common shares in its capital stock. Global eComm Ltd. is involved in the Internet and electronic commerce industry. For further information on the organization, see the Company's Offering Memorandum dated April 28, 1999. PRIVATE PLACEMENT-BROKERED The Vancouver Stock Exchange has consented to a Brokered Private Placement of up to 2,666,667 special warrants pursuant to an Offering Memorandum dated April 28, 1999, between the Company and Yorkton Securities Inc. Number of Shares: 2,666,667 special warrants Purchase Price:
$0.75 per special warrant Warrants: Each special warrant is convertible into one common share and one share purchase warrant. Each warrant is exercisable into one common share at a price of $1.25 per share for a period of six months from the date of closing. Top 10 Placees: |
