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Gold/Mining/Energy : AURADO EXPLORATION(AEO) -- Ignore unavailable to you. Want to Upgrade?


To: R L who wrote (107)5/23/1998 10:27:00 PM
From: William Whitehead Jr.  Respond to of 222
 
NEWS FROM WTC

This release just came out ...

VANCOUVER, May 22 /CNW/ - Western Copper Holdings Limited
TSE:WTC

The Company announces that it has agreed, subject to regulatory approval,to carry out a 200,000 unit private placement at a price of $7.20 per unit. Each unit will consist of one share of the Company and one-half of a share purchase warrant, one whole share purchase warrant entitling the purchase of one additional share of the Company at $9.20 per share for two years.

Anyone want to guess why they need an extra $1.4 million ?



To: R L who wrote (107)5/24/1998 9:16:00 AM
From: Pierre J. LeBel  Read Replies (2) | Respond to of 222
 
Each one Warrant will entitle the holder thereof to acquire one Common Share at a price of $0.25 per share any time on or before 4:00 p.m. (Vancouver time) on December 9, 1998.

This information is contained in the final prospectus issued November 4, 1997 and is available to you from SEDAR at sedar.com

Before investing any money in a Canadian stock or warrant, it is prudent for an investor to first check with SEDAR about the capital structure of the company. SEDAR also list all news releases from the company.

Good Luck and have a very nice day.

Pierre