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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 (329)	10/25/1999 1:54:00 PM
From: Chuca Marsh	Respond to of 407

Make 25% on your money...why not reprice: THE MARKET DID! Great. Not a placee but would if I had a extra $400,000 ...which I don't LOL...yeah-yeah- I guess they would take a tad bit less than the Max Figure! Chucka RE: New Blue Ribbon Resources Ltd - New Blue Ribbon arranges private placement New Blue Ribbon Resources Ltd NBL Shares issued 7,994,812 1999-10-22 close $0.23 Monday Oct 25 1999 Mr. Larry Kryska reports The two million unit flow-through private placement at 15 cents per unit with Canaccord Capital will not be proceeding. This private placement was announced in Stockwatch July 22, 1999. The company has agreed to sell on a private placement basis two million units at a price of 20 cents per unit. The units of the placement will consist of one common flow-through share and one non-transferable share purchase warrant, each two of such warrants will entitle the holder thereof to purchase one additional common share of the company at a price of 20 cents per share over a period of one year. If fully subscribed, the company will receive gross proceeds of $400,000, before the exercise of any warrants. If the warrants are subsequently exercised, the company will receive additional gross proceeds of $200,000. The net proceeds will be used by the company for exploration work on its Alberta properties including the Pelican Mountain and Little Legend properties. Canaccord Capital is acting as agent in connection with this transaction and will receive a 6-per-cent commission and 12.5 per cent is non-transferable agents' warrants at 20 cents per share for a period of one year. The private placement is subject to receipt of all requisite regulatory approvals. The company is pleased to announce the Stephen Smart has been appointed to act as the company's vice-president of corporate finance effective immediately. canada-stockwatch.com P.S.- I heard the Smart Name befor...don't ask. Watch them find Zeolite next.