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Gold/Mining/Energy : Anvil Resources (V.ANV) -- Ignore unavailable to you. Want to Upgrade?

To: doc who wrote (1972)	9/23/1998 4:40:00 PM
From: coolslug	Read Replies (1) \| Respond to of 2214

September 23, 1998 Private Placement Financing ANVIL RESOURCES LTD ("ANV-Y;ANVIF-L") - Private Placement Financing James A. Lenec, President of Anvil Resources Ltd., announces that the Company has agreed to sell, on a private placement basis, to a director of the Company, 300,000 units of the Company at the price of $0.50 per unit for total proceeds of $150,000. Each unit will consist of one common share in the capital of the Company and one non-transferable share purchase warrant to purchase a further common share in the capital of the Company at the price of $0.56 per share during the two years following the date of the closing of the private placement. Any securities issued in connection with this private placement will be subject to a six-month hold period commencing on the date of the closing of the private placement. These funds are for completion cost of Texas Gas Well and for general working capital. The private placement is subject to the approval of the Alberta Stock Exchange. TEL: (604) 322-3367 James A. Lenec, President FAX: (604) 324-3367 TEL: 1-800-972-6564 ______________________________________ (c) Corporate Dissemination Services Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041. This Report Updated by Canstock at 13:04:50 Pacific Time