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Gold/Mining/Energy : Peruvian Gold Ltd. PVO -- Ignore unavailable to you. Want to Upgrade?


To: kidl who wrote (855)9/28/2000 7:02:31 PM
From: russet  Read Replies (1) | Respond to of 892
 
Peruvian signs definitive agreement with Dundee

Peruvian Gold Ltd PVO
Shares issued 15,227,466 Sep 27 close $1.16
Thu 28 Sept 2000 News Release
Mr. David Henstridge reports
Patriot Computer Corp. has advised Peruvian that the two major conditions
precedent in the definitive arrangement agreement have been satisfied. IBM
Canada Ltd. has amended the terms of its finance agreement, allowing
Patriot to accelerate its expansion within the United States market.
Patriot has also signed a definitive agreement with Dundee Securities
Corp., who will act as its financial adviser and lead agent in connection
with Patriot's special warrants at $3.00 per special warrant. Each special
warrant will be exercisable into one common share and one common share
purchase warrant exercisable at $3.50 per share for a period of 24 months
from the date of issue. Closing of this financing is anticipated prior to
completion of the plan of arrangement.
The joint information circular will be mailed to shareholders on Oct. 2,
2000, for the meetings of shareholders to be held on Oct. 30, 2000.
(c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com