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Gold/Mining/Energy : Sideware Systems - SYD.u/V, SDWSF -- Ignore unavailable to you. Want to Upgrade?


To: jocko who wrote (3266)9/23/1998 8:11:00 PM
From: Mike Paulin  Read Replies (1) | Respond to of 6076
 
News.
Wery good Grant, thats looking good 2 years at $0,46 ??????
...............................................

1.25m special warrant private placement

Sideware Systems Inc SYD
Shares issued 25,915,959 Sep 23 close $0.45
Wed 23 Sept 98 News Release
Mr. Grant Sutherland reports
The company has arranged a non-brokered private placement for the issuance
of 1,250,000 special warrants at 40 cents. Each special warrant is
convertible into one unit comprising one share and one warrant to purchase
an additional share for two years at 40 cents in the first year and at 46
cents in the second.
The company will use its best efforts to file an AIF with the BCSC by Oct.
31, 1998, which will allow the company to issue shares and warrants, upon
conversion of the special warrants, with a four month hold period.
Investors will receive a 10 per cent bonus if the AIF is not approved by
Nov. 30, 1998.
Proceeds of $500,000 will be used for general working capital.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com