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Gold/Mining/Energy : RADAR ACQUISITIONS CORP. RAC ON THE A.S.E. -- Ignore unavailable to you. Want to Upgrade?


To: beach$ who wrote (12)8/25/1999 3:42:00 PM
From: beach$  Respond to of 56
 
Radar Acquisitions Corp -

Radar Acquisitions private placement

Radar Acquisitions Corp
RAC
Shares issued 8,301,143
1999-08-18 close $3.2
Thursday Aug 19 1999
Mr. John Bergen reports
Radar Acquisitions has proposed an arm's-length private
placement of 200,000 shares at $3.00 for $600,000. Each
purchaser will receive one share-purchase warrant for each
two shares purchased, with such warrant providing for the
purchase of a further common share for $3.00 and expiring 13
months from issuance. If all the warrants are exercised, a
further 100,000 shares will be issued. There is no investment
dealer, broker or agent participating in the transaction.
Proceeds will be used for a further exploration program on
Radar's leases in Colorado and excess funds, if any, will be
used for general corporate purposes.
(c) Copyright 1999 Canjex Publishing Ltd.
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