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Gold/Mining/Energy : Raindrop Resources Ltd -- Ignore unavailable to you. Want to Upgrade?


To: zenin who wrote (100)11/5/1997 12:07:00 AM
From: bob bundy  Read Replies (1) | Respond to of 178
 
Don't disagree with you at all. However, my mistake was making a comment about this stock after a friend of mine was mislead by someone from the company and since then Orville keeps making very stupid which I find difficult to ignore.

Also, I haven't made a statement which is a lie or unrealistic. I have simply pointed out that the company is in all likely under financed to carry out its projects overseas. If they are capable of raising some significant money then good luck to them. If not - then they are cooked. Especially if Orville is their promoter.

Other than that - sometimes I get bored - and since Orvy seems to be pissing his pants all the time it does provide some amusement.



To: zenin who wrote (100)11/5/1997 2:47:00 PM
From: steamer  Read Replies (2) | Respond to of 178
 
FOR IMMEDIATE RELEASE
November 5, 1997

PRIVATE PLACEMENT ANNOUNCEMENT

Raindrop Resources Ltd. (RAP.ASE) announces that the Company has completed a private placement for 500,000 units at $0.26 per unit.

Each unit consists of one common share and one share purchase warrant. Each share purchase warrant entitles the holder to purchase an additional common share at $0.30.

Proceeds from the (pp) will be used to fund the company's interests in various prospects in the Tanzania as well as the 'Manning property' located within the Buffalo Head craton in northern Alberta.

The Alberta Stock Exchange neither approves or disapproves of the information contained herein.

For further information contact Harry Joujan at (403) 205-3788 or Fax: (403) 205-3763 or E-mail raindrop@cadvision.com. SEC #82-4565