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To: average joe who wrote (45750)1/28/2014 2:16:59 PM
From: Brumar89  Read Replies (1) | Respond to of 69300
 
"Competing companies and mineral acquisitions" wouldn't apply to you as you claimed you had millions invested specifically in NAR. Presumably you could invest millions in a private placement of shares. Those are publicly announced as they affect current shareholders and potential investors. Even in the unlikely event, you acquired your shares that way, you'd still be an insider touting your own penny stock here.

Example of a private placement announcement:
North Arrow Announces a $5.3 Million Private Placement FinancingVANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 26, 2013) - North Arrow Minerals Inc. (TSX VENTURE:NAR) ("North Arrow" or the "Company") is pleased to announce it intends to complete a non-brokered private placement of up to 7,000,000 shares at a price of 50 cents per share for total gross proceeds of $3,500,000.

North Arrow also intends to complete a non-brokered private placement of up to 3,000,000 flow-through shares at a price of 60 cents per share for gross proceeds of $1,800,000. The gross proceeds of the flow-through shares will be used by North Arrow to incur Canadian exploration expenses prior to December 31, 2014, on North Arrow's Canadian diamond properties. North Arrow will renounce the qualifying expenditures to subscribers of the flow-through shares for the fiscal year ended December 31, 2013.

Proceeds from the private placement will be used to finance exploration programs at the Company's diamond properties and for working capital purposes. It is anticipated that insiders of the Company will participate in the private placement on the same terms and conditions as arm's length subscribers. The Company may pay commissions and finders' fees in connection with a portion of the financing.
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marketwired.com