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Gold/Mining/Energy : Champion Resources - CHL.vse -- Ignore unavailable to you. Want to Upgrade?

To: DDuncan who wrote (163)	3/30/2001 11:12:17 AM
From: rdww	Read Replies (1) \| Respond to of 176

well the lucky ducks patted themsleves on the back again - another 6MM shrs dilution and 20 cent paper - didn't even have the decency to make the wts 35 or 40 cents since this sucker should be gone in a yr - oh no - 25 cent wts - so with a buyout - this 50MM shrs stock should grow all the way to maybe $2 now? pathetic. be nice to see then get to work now and get the loan and get the offtakes. DIg up the old paperwork guys and out it on the front burner. {ls don't be an IC - Pls don't be an IC! Champion arranges $600,000 private placement Champion Resources Inc CHL Shares issued 30,647,940 Mar 29 close $0.18 Thu 29 Mar 2001 News Release Mr. Richard Clark reports Champion Resources Inc. (the company) has agreed to sell on a private placement basis up to a total of three million units of the company at a price of 20 cents per unit for gross proceeds of $600,000. Each unit shall consist of one common share and one-half of a share purchase warrant. Each whole warrant shall be exercisable over a period of one year into one common share of the company at an exercise price of 25 cents per share. The net proceeds of the private placement will be used for general working capital purposes. (c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com