Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Athlone Minerals Ltd. -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (13)	3/18/2004 5:19:41 PM
From: Condor	Respond to of 30

Athlone flow-through and non-flow-through financing Athlone Minerals Ltd ATH Shares issued 20,005,580 Mar 17 close $1.33 Thu 18 Mar 2004 Private Placement The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 18, 2004, and March 12, 2004. No. of shares: 1,353,800 units and 853,163 flow-through units Each non-flow-through unit comprises one common share and one share purchase warrant. Each flow-through unit comprises one flow-through common share and one-half of one share purchase warrant where each whole warrant is exercisable into one common share. Price: $1.30 per share Warrants: 1,780,382 share purchase warrants to purchase 1,780,382 shares Warrant price: $2.00 for a one-year period. If the company's shares trade for 10 consecutive days at a price of $3.00 or higher, warrantholders may be given written notice that the warrants will expire if not exercised within 30 days of such notice. Placees: 12 placees (non-flow-through) and 32 placees (flow-through) Pro groups: Gary Bogdanovich 50,000 flow-through and Tim Ferris 20,000 flow-through Insider: David A. Shaw 20,000 flow-through Finders' fees: Canaccord Capital Corp. $42,143.44; Thomas Wickstrom $66,622.15; Inclination Earth Sciences Inc. (Michael Moore) $9,946.08; Euromerica Capital Group Inc. (Alexander Wurm) $24,036.36; and Bourque Consultants (Joe Bourque) $7,873.98 Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the company must issue news announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue news if the private placement does not close promptly. Note that in certain circumstances the exchange may later extend the expiry dates of the warrants, if they are less than the maximum permitted term. (c) Copyright 2004 Canjex Publishing Ltd. stockwatch.com Click here for company snapshot: new.stockwatch.com Click here for recent SEDAR documents: new.stockwatch.com