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Gold/Mining/Energy : Napier International Technologies Inc. (T.NIR) -- Ignore unavailable to you. Want to Upgrade?

To: David in Ontario who wrote (1167)	8/11/1998 3:50:00 PM
From: Veritas	Respond to of 2444

Was this financing ever finalized? It's a good deal for someone. n April 28, 1998, Napier International Technologies Inc. (NIR.TSE) announced that it had made arrangements for the placement on a best efforts basis of a Special Warrant financing for up to two million special warrants at a price of $2.25. Napier International Technologies Inc. is pleased to report that it has accepted subscriptions for 431,500 special warrants in exchange for proceeds of $970,875. Each special warrant, priced at $2.25 will be convertible into one unit consisting of one share and one share purchase warrant. Each full warrant will be exerciseable into one additional share of the Company at a price of $2.25 for a period of one year.