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Gold/Mining/Energy : PYNG Technologies -- Ignore unavailable to you. Want to Upgrade?


To: Chris L. who wrote (424)12/24/1997 8:11:00 AM
From: sPD  Read Replies (1) | Respond to of 8117
 
Private placement increased to $375,000

[This increase seems incongruous with what Mr. Jacobs said here on Dec 21 - "Yes we can get the job done on this amount as we already have some funds available and this will top up the till so that production tooling can be completed".]


Pyng Technologies Corp PYT
Shares issued 7,550,356 Dec 19 close $1.06
Tue 23 Dec 97 News Release

Mr Michael Jacobs reports

The size of the company's private placement has increased from 284,091
units at $0.88 for proceeds of $250,000 to 426,136 units at $0.88 for
proceeds of $375,000. All other terms of the placement remain the same.

Proceeds will be used to bring the F.A.S.T. I system to market.

(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com