To: pete meyer who wrote (158 ) 2/25/2000 8:20:00 AM From: Buckey Respond to of 174
Mr, John Tarrant was busy raising funds for all three companiesDaytona Energy to raise $120,000 privately Daytona DYT Shares issued 2,154,508 2000-02-24 close $0.16 Friday Feb 25 2000 Mr. John Tarrant reports The company has agreed to a private placement of 800,000 units at 15 cents per unit to raise proceeds of $120,000. Each unit consists of one share and one non-transferable warrant, which is exercisable at 15 cents per share in the first year and 20 cents in the second year. The proceeds of the private placement will be used for exploration of the company's oil and gas exploration projects in Australia. The private placement is subject to Canadian Venture Exchange approval. Golden Gate to raise $237,750 privately Golden Gate Resources Ltd GGS Shares issued 4,301,837 Feb 22 close $0.20 Fri 25 Feb 2000 News Release Mr. John Tarrant reports The company has agreed to a private placement of 1,585,000 units at 15 cents per unit to raise proceeds of $237,750. Each unit consists of one share and one non-transferable warrant, which is exercisable at 15 cents per share in the first year and 20 cents in the second year. The proceeds of the private placement will be used for exploration of the company's oil and gas exploration projects in Australia, Malta and Liberia and for working capital. The private placement is subject to Canadian Venture Exchange approval. Haddington to raise $437,257 privatelyHaddington International Resources Ltd HDN Shares issued 1,462,111 Feb 24 close $0.20 Fri 25 Feb 2000 News Release Mr. John Tarrant reports The company has agreed to a private placement of 2,915,050 units at 15 cents per unit to raise proceeds of $437,257.50. Each unit consists of one share and one non-transferable warrant, which is exercisable at 15 cents per share in the first year and 20 cents in the second year. A finder's fee comprising 437,257 non-transferable warrants shall be paid to R. J. Laurie. Each non-transferable warrant is exercisable at 15 cents per share in the first year and 20 cents in the second year. The proceeds of the private placement will be used for exploration of the company's gold exploration projects in Liberia, West Africa and to provide additional working capital.