To: the Chief who wrote (1851 ) 5/1/2000 12:15:00 AM From: Bid daddy Respond to of 1996
Friday's News Release, for Rock Resources. Just one thing first, and I will post the link for the thread. I could not figure out why! you asked "Do you know what the word 'float' means" I reread my post today and realized I really screwed it up. I made a mistake to call the 48-68 million shares "The Float" I find it is not good for me to post to SI, when I am running on four hours sleep each night all week. I actually was wanting to know why and if it mattered that the number of "Shares Issued" had been increasing, but being tired, I mixed up my words. Thanks for straightening things out for me Chief, I shoulda never woke up that day, but you did give me some answers, I just screwed up the questions. Here is the News Release for any RKR followers, Options are issued, and one thing I was wondering, would they be for employees only? Rock Resources Inc - Rock Resources closes private placement and issues options Rock Resources Inc RKR Shares issued 46,851,719 2000-04-28 close $0.63 Friday Apr 28 2000 Mr. Thomas Kennedy reports Further to the Canadian Venture Exchange notice dated April 7, 2000, management has closed its private placement declared on Jan. 25, 2000, for 500,000 units at a price of 50 cents per unit providing gross proceeds of $250,000 Cdn, each unit comprising one common share and one two-year warrant entitling the holder to purchase one additional common share at the price of 50 cents per share during the two-year period. The securities issued will bear a hold period of four months (hold period expires May 25, 2000) and the warrants will expire on Jan. 25, 2002. The proceeds of the financing will be used for continuing exploration on Rock's copper/gold project in Chile. There were no finder's fees applicable to this private placement. Subject to the approval of the Canadian Venture Exchange, the company has granted incentive stock options in the amount of 1.2 million shares, exercisable on or before April 28, 2005, at a price of 60 cents per share. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com