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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (34282)12/8/2003 3:56:58 PM
From: Andrew  Read Replies (1) | Respond to of 36161
 
you got your DOW 10K hat ready. I think they might get it there in the AM before the FED meeting.

After that its anyones guess



To: re3 who wrote (34282)12/9/2003 12:18:16 AM
From: Andrew  Respond to of 36161
 
Purcell Energy Ltd (2) (C-PEL) - News Release
Purcell Energy arranges $5.1-million equity financing
Purcell Energy Ltd (2) PEL
Shares issued 47,528,761 Dec 5 2003 close $ 2.50
Monday December 8 2003 News Release


Mr. Jan Alston reports
PURCELL ENERGY ANNOUNCES FLOW-THROUGH SHARE FINANCING
Purcell Energy has agreed to issue, by way of private placement, up to 1.7 million flow-through common shares at $3.00 per share for gross proceeds of up to $5.1-million. The private placements offering will be sold by a syndicate of investment dealers lead by Salman Partners Inc. Closing of the financing will be on or about Dec. 16, 2003. Purcell has granted the agents an option to increase the size of the offering by up to an additional 800,000 flow-through shares at the issue price exercisable up to 48 hours prior to closing. The offering is being sold on a best-efforts basis.
The proceeds of the financing will be used to finance Purcell's winter exploration programs in Alberta and northeast British Columbia.

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