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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?


To: Stew who wrote (3238)5/26/1999 5:16:00 PM
From: Ed Pakstas  Read Replies (3) | Respond to of 3380
 
Yeeeeeehawwwwwwww!!!!... Here he goes again...

Royal Int'l to sell two million special warrants privately

Royal International Venture Corp RIL
Shares issued 3,343,561 May 25 close $0.20
Wed 26 May 99 News Release
Mr. Eugene Larabie reports
The company has negotiated a non-brokered private placement of two million
special warrants at 15 cents per special warrant for total proceeds of
$300,000. Each special warrant will entitle the holder to acquire one unit
consisting of one share and one-half of one warrant, and for no additional
consideration, can purchase one share for one warrant at 15 cents in the
first year and 20 cents in the second.
Funds will be used to eliminate company debts, subscribe to a $100,000
private placement in Pallaum Minerals Ltd., as well as for general
administrative purposes.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com