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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Chuca Marsh who wrote (1883)6/1/1999 9:17:00 AM
From: Chuca Marsh  Read Replies (1) of 2514
 
News:
( maybe just information. ):
Marum Resources Inc -
Marum plans to complete private placement
Marum Resources Inc MMU
Shares issued 25,472,616 1999-05-31 close $0.11
Tuesday Jun 1 1999

Mr. Richard Boulay reports
The company plans to complete a private placement consisting of up to 2,750,000 units at 10 cents per unit. Each unit will consist of one share and one warrant entitling the holder to acquire an additional share of the company for a two-year period at 11 cents per share. Up to 50 per cent of the units will be designated as flow-through units. No commission or finder's fee will be payable. The private placement will be subject to the approval of the Alberta Stock Exchange.
Proceeds from the private placement, $275,000 if fully subscribed, will be used for exploration activities and working capital.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

old url (better for printing
Chuca
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