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Non-Tech : Le coin des francophones -- Ignore unavailable to you. Want to Upgrade?


To: kamtrader who wrote (19296)6/7/2000 2:48:00 PM
From: faro  Read Replies (1) | Respond to of 77509
 
Ouais, t'es reparti mon ami.

Tu n'as pas vraiment le choix avec YHOO … 141$

Faro



To: kamtrader who wrote (19296)6/7/2000 2:48:00 PM
From: pallmer  Read Replies (2) | Respond to of 77509
 
Kam,

T:PGD Pangea arranges $9.9-million financing


Pangea Goldfields Inc PGD
Shares issued 21,572,320 Jun 6 close $4.70
Wed 7 Jun 2000 T:PGD News Release
Mr. Jean-Charles Potvin reports
Pangea Goldfields has signed an agency engagement letter with Loewen, Ondaatje,
McCutcheon Ltd. and Sprott Securities of Toronto to raise up to $9.9-million
through the sale of special warrants. The common shares underlying the special
warrants will be qualified by a short form prospectus immediately upon closing.
The special warrants are priced at $4.50 each and will be placed on a
best-efforts basis to qualified institutional investors. The agents have advised
Pangea that orders have been received for more than $10-million of the special
warrants. This transaction, which is expected to close on or before June 29,
2000, is subject to regulatory approval.
J.C. Potvin, president, said the net proceeds of the issue together with its
current cash will increase Pangea's cash position to over $18-million. The funds
will be applied toward funding the feasibility study at Tulawaka, continuing an
active exploration program on other key properties in Tanzania and Peru, as well
as capitalizing on new opportunities.
The company is currently drilling on a number of properties including Tulawaka
-- a one-million-ounce high-grade gold deposit (1.67 million tonnes at 19 grams
per tonne) -- and at the Kakindu project located east of Tulawaka, and at the
Pukaqaqa project in Peru. In addition, a RAB drill program will commence shortly
at the 100-per-cent-owned Muhama property located contiguous to Tulawaka. Pangea
currently has a gold resource in excess of 3.2 million ounces.
Upon completion of this transaction, the company will have 24.6 million shares
issued and outstanding.

Dir's: Bertin Roland, Britt Claude, Coleman James H, Potvin Jean-Charles

(c) Copyright 2000 Canjex Publishing Ltd.

Jun-07-2000 18:47 GMT
Symbols:
CA;PGD US;PGDF
Source CSN Canada Stockwatch News
Categories:
CSN/EAST