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Gold/Mining/Energy : Emgold-Lang Mining Group -- Ignore unavailable to you. Want to Upgrade?


To: Don Rohner who wrote (10)8/12/1998 5:19:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 77
 
I guess the CEO Frank Lang believes in his own deal.

Emgold Mining Corp -
$510,580 convertible debentures
Emgold Mining Corp EMR
Shares issued 11,337,903 1998-08-11 close $0.29
Wednesday Aug 12 1998
The VSE has accepted for filing a non-brokered private placement of:
Convertible debentures: $510,580
Conversion price: Convertible into units consisting of one share and one-half of one share purchase warrant at 40 cents of principal outstanding in year one and at 45 cents in year two.
Maturity date: June 8, 2000
Warrants: Each whole warrant will have a term of two years from the date of issuance of the notes and entitle the holder to purchase one share at 50 cents in the first year and at 60 cents in the second.
Interest: 10 per cent
Insiders: Lang Mining $291,760; and Frank A. Lang $218,820


(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals