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

To: Todd McMurray who wrote (2)	1/28/1998 6:07:00 PM
From: The Lone Ranger	Read Replies (1) \| Respond to of 99

Thanks for the info. Here's something in return: Barramundi Gold Ltd - $418,840 financing completed Barramundi Gold Ltd BAM Shares issued 6187700 1998-01-26 close $0.36 Tuesday Jan 27 1998 Mr Scott Broughton reports The company has completed a non-brokered private placement for $103,040. The placement consisted of 515,200 A class units and was completed on January 26 1998. The combined proceeds of this placement and the placement reported in Stockwatch January 14 1998 are $418,840. The A class units were issued at $0.20 and consist of one share and one warrant to purchase an additional share at $0.20 by April 22 1999. The shares and warrants will be subject to a hold period of one year in BC and Alberta. No commission or other fees are payable. Proceeds will be used for working capital purposes. The company has now closed the issue of A class and B class units at $0.20. The company has reserved an issue price of $0.35 for a non-brokered private placement of up to 600,000 units. If fully subscribed, proceeds will provide an additional $210,000 working capital for the company. Each unit will consist of one share and one warrant to purchase an additional share at $0.35 by January 27 2000. Accordingly, 1,200,000 shares will be reserved for issuance.