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Non-Tech : Sungold Gaming International (SGGNF) -- Ignore unavailable to you. Want to Upgrade?


To: Cheeky Kid who wrote (2664)9/14/1998 1:13:00 AM
From: Cheeky Kid  Read Replies (1) | Respond to of 5164
 
From Carter's Newsletter Sept.14, 1998
(Posted without permission)


SGGNF traded as high as 1.375 and as low as 0.875. The company announced that it has completed the private placement of a total of 50,000 units with Anne Kennedy, each unit comprised of one common share and one non-transferable share purchase warrant at U.S.$2.00 per unit to net the treasury an aggregate of U.S.$100,000. Each two share purchase warrants entitle the placee to purchase one additional common share for a period of two years from August 11, 1998, being the date of the distribution, at U.S.$2.00 per share during the first year and at a price of U.S.$2.50 per share during the second year. For further information, call (604) 222-3155.

(Since Ms. Kennedy is a director of the company, I would consider this to be a strong vote of confidence in the company's prospects.)