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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Stang who wrote (6861)1/2/2003 11:31:21 AM
From: LOR  Respond to of 8117
 
SUCH CONFIDENCE!

Looks like BPI wants to leave the PYNG ship before it sinks any further. Must be getting close to the "water line"!

Glub...glub...glubb

Cheers & Happy New Years to all....and a case of 24 Molson to Stang! ( they say a beer a day keeps the need for a FAST-1 away!)

LOR



To: Stang who wrote (6861)1/7/2003 9:26:44 AM
From: Stang  Read Replies (1) | Respond to of 8117
 
NEWS RELEASE

PYNG TECHNOLOGIES CORP.
#7 – 13511 Crestwood Place
Richmond, BC V6V 2E9
January 6, 2003 Trading Symbol: PYT

PYNG TECHNOLOGIES CORP. ANNOUNCES PROPOSED PRIVATE PLACEMENT

Mr. Michael W. Jacobs, President of Pyng Technologies Corp. (the “Company”), announces
today that subject to all necessary regulatory approvals, the Company intends to issue, by way of
private placement up to 750,000 units of the Company at $0.20 per unit for gross proceeds of
$150,000. Each unit will consist of one common share and one non-transferable share purchase
warrant to purchase an additional common share at $0.26 per share for a period of 2 years from
the date of issue.

The proceeds of the private placement will be used for general corporate purposes.

For further information, please contact Michael W. Jacobs at 1-800-349-7964 or 1-604-303-7964
or e-mail Mr. Jacobs at mjacobs@telus.net.

ON BEHALF OF THE
BOARD OF DIRECTORS
“Michael W. Jacobs” (signed)
_______________________________
Michael W. Jacobs
President
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.

sedar.com

Stang



To: Stang who wrote (6861)1/30/2003 12:27:07 AM
From: Stang  Read Replies (2) | Respond to of 8117
 
NEWS RELEASE
PYNG TECHNOLOGIES CORP.
#7 – 13511 Crestwood Place
Richmond, BC V6V 2E9

January 29, 2003 Trading Symbol: PYT

PYNG TECHNOLOGIES CORP. ANNOUNCES
CLOSING OF PRIVATE PLACEMENT

Pyng Technologies Corp. (the “Company”) announces that it has closed its private placement as
announced on January 6, 2003. The placement was increased from 750,000 Units to 835,000
Units with the consent of the TSX Venture Exchange. 835,000 Units of the Company at $0.20
per Unit were subscribed for and all common shares issued under the private placement together
with any common shares issuable on exercise of the share purchase warrants have a hold period
in British Columbia expiring May 28, 2003. The share purchase warrants are exercisable at
$0.26 per share until January 27, 2005.

The proceeds of the private placement, namely $167,000 will be used for general corporate
purposes. No commissions or finder’s fees were paid in connection with this placement.

For further information, please contact Michael W. Jacobs at 1-800-349-7964 or 1-604-303-7964
or e-mail Mr. Jacobs at mjacobs@telus.net.

ON BEHALF OF THE
BOARD OF DIRECTORS
“Michael W. Jacobs” (signed)
_______________________________
Michael W. Jacobs
President
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS RELEASE.

sedar.com

Stang