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Gold/Mining/Energy : Infowave Wireless Messaging IW:TSE -- Ignore unavailable to you. Want to Upgrade?


To: Tom Gordon who wrote (1501)3/28/2000 9:50:00 AM
From: kidl  Respond to of 1690
 
Infowave Software arranges $30-million financing

Infowave Software Inc IW
Shares issued 17,891,176 Mar 27 close $38.00
Tue 28 Mar 2000 News Release
Mr. Todd Carter reports
Infowave Software has entered into an agreement with an underwriting
syndicate of CIBC World Markets Inc. and Canaccord Capital Corporation to
issue on a private placement basis 924,000 special warrants at a price of
$32.50 per special warrant for gross proceeds of $30.0-million.
Each special warrant is exercisable without payment of additional
consideration for one common share of Infowave. A total of 75 per cent of
the gross proceeds will be released to Infowave at closing. The remaining
25 per cent of the gross proceeds will be held in trust and released to
Infowave upon the filing and receipt of a prospectus qualifying for
distribution the common shares to be issued upon exercise of the special
warrants. The financing is expected to close on or about April 13, 2000,
and is subject to confirmatory due diligence by the underwriters and
necessary regulatory approvals.
(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com



To: Tom Gordon who wrote (1501)3/28/2000 1:38:00 PM
From: axial  Read Replies (1) | Respond to of 1690
 
Tom - True; but somehow I just can't see losing the keypad. If you were in a high-noise environment, and wanted to send email, you might need it. Ditto for a quiet area (funeral, speech, movie). Finally, I have found, using Dragon Dictate, that sometimes it just can't get the word right, and you have to input with the keyboard.
From a strictly personal point of view, I think I'd be more comfortable with a keyboard backup.
It's still early days in all this, though. You may be right, Tom.