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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (2309)	6/10/2007 2:25:26 PM
From: LoneClone	Read Replies (2) \| Respond to of 193482

Biotech Watch List ALTH AMGN AMRN ANP.TO APH.V BSY.TO BUG.V CBAI.OB CELG CERS CVTX CYCR.OB DDS.TO DNA DND.TO DNDN DOVP.PK DRRX DYAX EBN.V ELN GENZ GERN GNBT GNTA HGSI IEX.TO IMGN ISA.TO IVGN LGND MATK MDEX.OB MZT NKTR NPSP ONXX PANC PDLI PFE PLB.TO PPXP.OB PTI.TO QLT.TO REGN RPRX SCLN SEPR SIGA SPPI SSS.V SVA.V TNOX VPHM YMI ZGEN

To: LoneClone who wrote (2309)	6/11/2007 8:06:24 PM
From: Taikun	Read Replies (1) \| Respond to of 193482

LC You may want to add OLR.V Cheers D OLR.V has an interesting BIOFUELS project with KBK CHEM. outlookresources.com kbk-chem.com Their placement is open only to BC, AB, MN (AB, MN may be 'eligible investors, $400,000 in net assets, $75,000 in income) Outlook arranges $1-million financing 2007-06-06 15:23 ET - News Release Mr. John Bottomley reports OUTLOOK ANNOUNCES BROKERED FINANCING Outlook Resources Inc. is undertaking a brokered private placement offering of up to 16,666,667 units of the company at a price of six cents per unit, for gross proceeds of up to $1-million through Northern Securities Inc. (NSI or the agent) as lead agent. Each unit will consist of one common share of the company and one share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at the price of 10 cents per share for two years from closing. NSI has agreed to act as agent on a best efforts basis with respect to the private placement. Outlook will pay a 10-per-cent cash commission at closing and will issue to NSI broker warrants equal to 10 per cent of the number of units sold. Each broker warrant will entitle NSI to purchase a unit on the same terms as the offering. The company also wishes to announce that the previously announced non-brokered private placement (see news in Stockwatch on June 4, 2007) of up to 10 million units of the company at a price of six cents per unit, for gross proceeds of up to $600,000, will be reduced to a smaller offering of up to 3,333,333 units for gross proceeds of up to $200,000. Each unit will consist of one common share of the company and one share purchase warrant. Each warrant will entitle the holder to acquire an additional common share at the price of 10 cents per share for two years from closing. The company will pay a finder's fee of up to 10 per cent cash plus up to 10 per cent compensation options for funds raised by an eligible finder. Each compensation option entitles the finder to purchase one common share of the company at a price of 10 cents for 24 months from closing. Insiders of the company may subscribe for up to a total of one million units under the non-brokered offering for proceeds of up to $60,000. The insider private placements are exempt from the valuation and minority shareholder approval requirements of Ontario Securities Commission Rule 61-501 by virtue of the exemptions contained in Section 5.5 (4) and 5.7(1)(3) of the rule. To rely on these exemptions the units must be issued for cash and the transaction must be approved by two-thirds of remaining independent directors of the company. Additional details required for the use of these exemptions will be included in the company's material change report. The company plans to close the non-brokered private placement by mid-June. The offering is scheduled to close by the end of June. The funds received from these private placements will be used for upgrades to the company's aquaculture operations in Gunton, Man., to increase capacity to between 100 and 150 metric tonnes from the existing capacity of 30 metric tonnes of fish production, and for working capital purposes. The private placements are subject to approval from the TSX Venture Exchange. We seek Safe Harbor.