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Gold/Mining/Energy : Pamlico Resources Ltd.(PGP) Russian Diamonds -- Ignore unavailable to you. Want to Upgrade?


To: casper who wrote (22)3/26/1998 12:19:00 PM
From: rdww  Read Replies (1) | Respond to of 41
 
Shareholders approve acquisition; proposed brokered private placement
approved
Pamlico Resources Ltd PGP
Shares issued 10,236,174 Mar 25 close $1.15
Thu 26 Mar 98 News Release
Mr Pellegrino Capone reports
At the company's extraordinary general meeting the shareholders of the
company approved the acquisition by the company of up to 100% of the issued
shares of Trillium Consulting and Trading and the issuance of up to
approximately 15,900,000 shares on conversion of promissory notes to be
issued in connection with the acquisition. The shareholders also approved
the proposed brokered private placement of up to 8,000,000 units with
Whalen Beliveau and Associates and any change of control resulting from the
acquisition or the private placement.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com