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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO) -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (258)7/8/1999 5:06:00 PM
From: Chuca Marsh  Respond to of 407
 
NEWS READ LAST LINE...err the Lines...the Lines..or Da Plane ...Da Plane:
New Blue Ribbon Resources Ltd -
New Blue Ribbon completes private placement
New Blue Ribbon Resources Ltd NBL
Shares issued 7,994,812 1999-07-06 close $0.14
Thursday Jul 8 1999

Mr. Larry Kryska reports
The company has completed a private placement as was announced in Stockwatch June 18, 1999. The company has sold 1,156,933 units at a price of 15 cents per unit, for net proceeds to the company of $173,540.02. Each unit is comprised of one common share and one non-transferable share purchase warrant. Each share purchase warrant entitles the holder thereof to purchase one additional common share of the company at a price of 17 cents per share for a period of 12 months. The expiry date of the shares issued to the placees in this private placement, and the shares to be issued to the placees upon exercise of the warrants is Jan. 4, 2000. There are no bonuses, finders' fees, or commissions paid by means of securities or cash with regard to this private placement.
The company has received preliminary data from a high resolution aeromagnetic (HRAM) survey for a small portion of the Pelican Mountains block in the Calling Lake area. The data are currently under review and the company expects preliminary results shortly.

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

Chucka-dalines are Crying for REVIEW...that section is near the 8 pipes at Montello.