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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Taikun who wrote (14357)	12/22/2006 9:13:37 AM
From: Cogito Ergo Sum	Respond to of 25575

Best to you also David, and to all the contributors here... I doubled my PTCH yesterday... I was too cheap Wednesday and it cost me... so ponied up 1.55 avg Thursday... Still a tiny holding in my daughter's account.. ----- biz.yahoo.com Patch International Inc. Announces Second Canadian Oil Sands Acquisition Friday December 22, 8:00 am ET CALGARY, Dec. 22 /PRNewswire-FirstCall/ - Patch International Inc. ("Patch" or the "Corporation") (OTCBB: PTCH, Frankfurt: PQGB) announces that it has entered into a letter agreement dated December 21, 2006 (the "Agreement"), for the acquisition of 1289307 Alberta Ltd. ("Holdco"), a private corporation incorporated under the laws of Alberta (the "Transaction"). ADVERTISEMENT Patch intends to acquire, directly or indirectly, 100% of the shares of Holdco, such that Holdco would be a wholly-owned subsidiary of Patch. The acquisition will be in consideration for an aggregate of 500,000 common shares in the capital of Patch at a deemed price of (U.S.) $2.00 per share for an aggregate deemed consideration of approximately $1,000,000, pursuant to the terms of the Agreement, subject to completion of satisfactory due diligence, a definitive share exchange agreement and receipt of applicable regulatory approvals. In addition, Patch will assume the debt of Holdco in the principal amount of (U.S.) $1,000,000. All geological information provided in this press release, including all information on Holdco's property has been provided by management of Holdco and has not been independently verified by management of Patch. Assets of Holdco Hey Ho, Lets Go Hey Ho, Lets Go Hey Ho, Lets Go Hey Ho, Lets Go Ramones... Blitzkrieg Bop..