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

To: Ginco who wrote (1931)	12/14/1998 12:18:00 AM
From: Paul S.	Read Replies (1) \| Respond to of 2444

To all Napier shareholders. Napier Technologies is subscribing to 1.2 mil share purchase warrants of this Company. CONSOLIDATED ECOPROGRESS TECHNOLOGY INC. ("CES") - Private Placement-Non-Brokered The Vancouver Stock Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on October 7, 1998: Number of Shares: 2,060,000 shares Purchase Price: $0.25 per share Warrants: 2,060,000 non-transferable share purchase warrants to purchase 1,030,000 shares Warrant Exercise Price: $0.25 for a one year period $0.29 in the second year Placees: Napier International Technologies Inc. 1,200,000 Dr. Mike Fitzmaurice 472,000 Ken Taves 388,000 Finder's Fee: $27,500 payable in cash to Erin Hindle, and 22,734 common shares at a deemed price of $0.32 payable to Mahmood Mangalji. These securities have not yet been issued. The Company shall issue a news release if the private placement does not close promptly. ________________________________________ reference : Message 6817732