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Gold/Mining/Energy : Rock Resources -- Ignore unavailable to you. Want to Upgrade?


To: 1st.mate who wrote (831)2/19/1999 8:00:00 PM
From: Zardoz  Respond to of 1996
 
Rock Resources private placement

Rock Resources Inc
RKR
Shares issued 14,600,075
1999-02-18 close $0.21
Friday Feb 19 1999
The VSE has accepted for filing a non-brokered private placement of:
No. of shares:
1,333,333
Price:
15 cents
Warrants:
For 1,333,333 shares
Wt exercise price:
15 cents in year one; 20 cents in year two
Placees:
Bernie Kafka 340,000; Aslan Ltd. (Douglas Brown)
333,333; Yung Soon Lee 100,000; and 16 others
Finder's fee:
98,000 shares to Woodcrest S.A. (Peter Leighton)



To: 1st.mate who wrote (831)2/19/1999 8:01:00 PM
From: Zardoz  Read Replies (2) | Respond to of 1996
 
Rock Resources debenture private placement

Rock Resources Inc
RKR
Shares issued 14,600,075
1999-02-18 close $0.21
Friday Feb 19 1999
The VSE has accepted for filing a non-brokered private placement of:
Convertible debentures:
$200,000
Conversion price:
Convertible into units consisting of one share and one
share purchase warrant at 15 cents of principal
outstanding in year one and at 20 cents in year two.
Maturity:
Nov. 24, 2000
Warrants:
Each warrant will have a term of two years from the date
of issuance of the notes and entitle the holder to
purchase one share. The warrants are exercisable at 15
cents in the first year of exercise and at 20 cents in the
second. There will be an automatic conversion by the
company at the end of the two year term if the
debentures have not by then been converted by the
purchasers.
Interest:
15 per cent
Placees:
Algonquin Trust SA (Barry Stamps) $55,000; Pieter R.
Daneilsson $50,000; Stuart Rodgers $25,000; and eight
others
Finder's fee:
77,000 shares to Woodcrest S.A. (Peter Leighton)