I guess we are getting closer now.
CPT PEMBERTON TECH LTD.
#211 - 470 Granville Street
Vancouver, BC V6C 1V5
Phone: (604) 669-7772 Fax: (604) 669-7701
Website: www.pemb.com
May 20, 1999
VSE-PBT
"NEWS RELEASE"
Further to a news release dated April 28, 1999, CPT Pemberton Technologies Ltd.
("the Company") is pleased to announce that on May 18, 1999, the Vancouver
Stock Exchange accepted a non-brokered private placement of Series "A"
convertible debentures for a total of $150,000.
Upon conversion, any securities issued shall be subject to a hold period until
September 18, 1999.
The funds generated from this Placement will be applied to the Company's Enchant
project.
Management has instructed the Company's general contractor, Crest Energy of
Calgary, Alberta, to call for a service rig to complete it's first well in the Enchant
project. A rig is expected to arrive at the property within the next 10 days.
Further news will be issued on rigs arrival.
CPT PEMBERTON TECHNOLOGIES LTD. |
