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Gold/Mining/Energy : Cadre Resources (CSL.V) Awaiting production #'s and Financ -- Ignore unavailable to you. Want to Upgrade?


To: TrueScouse who wrote (1021)3/31/2003 3:39:47 PM
From: marcos  Read Replies (1) | Respond to of 1285
 
Sedar docs posted this morning for Cadre, form 61 etc ... this link may or may not work for those not logged in to stockwatch - sedarfiles.stockwatch.com

Pretty sparse, just stuff we know already, no schedule given in the md&a of course .... as we were discussing on russ' thread, it's the political situation dominating, no doubt ..... but Chilcott and Sandner and three others took down 15-cent placement paper last week, it shows at least that they are still plugging away on the project

Here's the PP release -

' Cadre Resources 650,000-share private
placement

Cadre Resources Ltd
CSL
Shares issued 8,971,715
CSL.T Mar 26 2003 close $ 0.09
Friday March 28 2003
Private Placement
Cadre Resources was declared inactive on March 12, 2002. The company is still
prohibited from granting stock options and has restrictions relating to management
remuneration. These prohibitions will remain in effect until further notice. The
company is expected to initiate its reactivation within 12 months of being
designated inactive and is required to achieve tier maintenance requirements no
later than Sept. 10, 2003, failing which trading in the securities of the company
may be suspended.
The TSX Venture Exchange has accepted for filing documentation with respect to
a non-brokered private placement announced March 13, 2003:
Shares:
650,000
Price:
15 cents per share
Placees:
five
Insiders:
RPC Holdings (R. Page Chilcott) 50,000; Samarina Worldwide Ltd.
(Stanley L. Sandner) 50,000
Pro groups:
none

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company must
issue a news release announcing the closing of the private placement and setting
out the expiry dates of the hold period(s). The company must also issue a news
release if the private placement does not close promptly.
(c) Copyright 2003 Canjex Publishing Ltd. stockwatch.com '