YWO closes pp-
Wolfden 2,932,733-warrant private placement
Wolfden Resources Inc
YWO
Shares issued 17,751,921
May 7 2002 close $1.200
Tuesday May 7 2002
Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to
a brokered private placement reported by Stockwatch on March 25, 2002:
No. of special
warrants:
2,932,733 Class C special warrants, exercisable into
2,932,733 flow-through common shares
Purchase price:
75 cents per Class C special warrant
Placees:
29 placees
Insiders:
John A. Pollock 100,000, Barb Pollock 50,000, Murray
Sinclair 100,000, Ned Goodman 265,000
Pro group:
Ned Goodman (included in insider share figure above),
Stephen Sandler 100,000 (as portfolio manager),
Stephen Sandler 25,000, Barry Gordon 67,000, Richard
Cohen 33,500, William Murray John 33,500, Bradley
Nixon Scharfe 134,000, Joseph Roderick Matheson
134,000, Matthew Gaasenbeek 67,000, Brad Windt
134,000, James F. Mackie 134,000, Peter Marrone
100,000, A.E. Turton Inv. 134,000 (Ted Turton)
Agents:
Canaccord Capital Corp. (Canaccord), Dundee
Securities Corp. (Dundee) and Jones Gable & Company
Ltd. (Jones Gable)
Agents' Fees:
Canaccord -- 124,171 Class D special warrants, Dundee
-- 61,120 Class D special warrants, Jones Gable --
20,000 Class D special warrants
The company must issue a news release if the private placement does not close
promptly.
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