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Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX) -- Ignore unavailable to you. Want to Upgrade?

To: keith massey who wrote (261)	4/7/2000 7:47:00 PM
From: AriKirA	Read Replies (1) \| Respond to of 960

Hey keith When it was announced back on January 18th the share price was actually lower than the private placement price so these groups were willing to pay a premium for their shares Usually, when you see a private placement priced over the average closing price for the preceeding weeks you can rest assured that the placees know that the stock is going much higher, thus their willingness to pay the premium! doing a private placement to investors outside of Canada in U.S funds normally takes this long because of all the additional paper work the CDNX demands Tell me about it Keith [gggg] I've been trying to get a listing on the CDNX for the last two months!!!!! I was told it would take two weeks. They are so backlogged it is incredible. I get messages from the analysts at 1am PT... Yeah, as if I'll be at work at 4am ET... Give me a break! Noticed that the top buyer of the private placement was the Chelverton Fund Ltd (468,000 shares) There seems to be a quite an interest for this company by fund managers... Some positioning going on IMO. Things are looking up... Kind Regards AK

To: keith massey who wrote (261)	4/8/2000 1:35:00 PM
From: Eashoa' M'sheekha	Respond to of 960

New GEM IPO To Watch THis Month. STORY: INTERNET investment and incubation company Techpacific.com is offering 300 million new shares to raise US$65 million (HK$507 million) on the Growth Enterprise Market (GEM). However, it admitted the recent tumble in the technology sector would have an impact on the IPO.`But the impact will be largely on the retail offer more than the placement,' said Johnny Chan Kok-chung, chief executive officer and a co-founder. One institutional sales trader felt that the current mood of technology stocks would set the interest level of institutional investors as well. They were more selective in their buying patterns. ``Of course, the market is very volatile, but I want to remind you that when we started our business, Nasdaq was a lot lower than it is now,' said Techpacific managing director Ilyas Khan, stressing that the group's business was unaffected by market movement. Its main business is providing a range of financial and other services to Asian technology companies, particularly in the early stages of their development. The firm is also incubating those technology companies. Moreover, the group also manages venture capital funds specialising in the Asian technology sector. These include a HK$250 million tranche of the Hong Kong Applied Research Fund, which is managed through Softech, a 50-50 venture with Softbank China Venture Investment. Yesterday, Techpacific said 90 per cent or some 270 million of the 300 million shares on offer would be reserved for placements. They represent some 12.5 per cent of the firm's enlarged share capital. The remaining shares will be offered for public subscription. The offer price will be between HK$1.38 and HK$1.68 a share, to be fixed tomorrow.The firm estimates net proceeds of HK$417 million and will use about HK$191 million to form regional joint ventures and to acquire stakes in companies to enhance its Toolbox _ package services for technology ventures. About HK$80 million will be used to expand its incubation activities, it says. Some HK$78 million will be used to increase its financial commitments in its managed funds and about HK$26 million will be invested in technology which enhances its regional expansion. Some HK$12 million will be used for advertising and promotional campaigns and the rest will provide working capital and enable it to hire more staff. Investors in the firm include Japan-based Softbank Internet Fun, Dell Computer, GE Capital, Regent Pacific Group, Silicon Valley-based venture capital firm Draper Fisher Jurvetson, and others. The company recorded a total revenue of US$1.01 million for the period between December 5, 1998 and December 31, 1999. This came mainly from corporate finance and other advisory service fees and placement fees. Net profit was US$101,311. The IPO was open for public subscription yesterday and through to Monday. Techpacific.com will make its GEM debut on April 17. Let's watch this one.