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Gold/Mining/Energy : Carbite Golf Inc. Vancouver-CAB -- Ignore unavailable to you. Want to Upgrade?

To: eyewatch who wrote (193)	9/20/1999 10:11:00 PM
From: David Michaud	Read Replies (1) \| Respond to of 209

Carbite Golf revises agreement with Dominick & Dominick Carbite Golf Inc CAB Shares issued 19,265,619 1999-09-20 close $0.7 Monday Sep 20 1999 Mr. Michael Spacciapolli reports Carbite Golf has revised the terms of its agreement with Dominick & Dominick Securities Inc., changing the amount to be raised from $1-million to $350,000, pursuant to a unit private placement and changing the price from 80 cents per unit to 65 cents per unit, resulting in a total potential issuance of 538,461 units. Each unit will consist of one common share and one non-transferable share purchase warrant exercisable for one year at the exercise price equal to the unit price of 65 cents per share, subject to regulatory approval. The company has agreed to pay the agent an agent's commission of 8 per cent of the total funds raised. In addition, the company will pay all expenses relating to the placement including reasonable fees and expenses inclusive of any legal fees and expenses incurred by them.