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Gold/Mining/Energy : Eaglecrest Explorations -- Ignore unavailable to you. Want to Upgrade?


To: Richard Humphrey who wrote (488)10/21/1998 3:54:00 PM
From: Famularo  Respond to of 639
 
Not sure, need to ask MM.

Eaglecrest Explorations Ltd -

Private placement repriced

Eaglecrest Explorations Ltd
EEL
Shares issued 14,923,922
1998-10-20 close $0.13
Wednesday Oct 21 1998
Mr. Gary Cope reports
The company is repricing its previously announced private
placement of units from 25 cents to 15 cents. Each unit
consists of one share and a warrant to purchase an additional
share at 25 cents in the first four months after issue and at 30
cents in the next eight months. The warrant terms have not
been amended. The company is increasing the size of the
private placement to six million units from 3,691,907 units.
The company is working to secure additional financing on the
same terms with European investors.