To: d:oug who wrote (15 ) 5/23/2000 5:33:00 PM From: d:oug Respond to of 695
Roger G. Sylvestre, Executive Vice-President Tyhee Development Corp. Tyhee Development Corp.5/23/00 - Financing TYHEE DEVELOPMENT CORP ("TDC-V;TYHJF-L") - Financing Tyhee Development Corp. (the "Company") reports that, subject to CDNX approval, it has agreed to re-price the private placement announced March 14, 2000 (Release 4 Series 2), to $0.75 per unit. Each unit consists of one previously unissued share and one non-transferable, one-year share purchase warrant. Each share purchase warrant allows the placee to purchase one previously unissued share of the Company in the first year for $0.75. A finders fee is payable in warrants on a portion of this placement, to be paid upon closing of the placement according to the policy and procedures of the Canadian Venture Exchange. The funds will be used to acquire resource properties of merit and for general working purposes. TEL: (604) 681-2877 Roger G. Sylvestre, Executive Vice-President FAX: (604) 681-2879 Tyhee Development Corp. (c) Market News Publishing Inc. Tel:(604) 689-1101 All rights reserved. ¸ 2000 StockHouse.com | Disclaimer [ PRIOR NEWS RELEASE ] Tyhee Development Corp. 3/16/00 - Financing ...To sell by way of a private placement to several arms-length investors, 800,000 units at $0.90 per unit to raise $720,000. Each unit consists of one previously unissued share and one non-transferable, one year share purchase warrant. Each share purchase warrant allows the placee to purchase one previously unissued share of the Company in the first year for $0.90. A finders fee..... The funds will be used to acquire resource properties of merit and for general working purposes. TEL: (604) 681-2877 Dr. D.R. Webb FAX: (604) 681-2879