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Gold/Mining/Energy : SCS Solars Computing Systems Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sapper who wrote (826)	6/2/1999 4:23:00 PM
From: Natedog	Read Replies (1) \| Respond to of 1201

SCS Solars Computing Systems Inc - SCS Solars receives preliminary approval for private placement SCS Solars Computing Systems Inc SCS Shares issued 30,557,801 1999-06-01 close $1.1 Wednesday Jun 2 1999 Mr. Frank Wells reports The company has received preliminary approval from the Vancouver Stock Exchange with respect to its proposed private placement of two million units at the subscription price of $1.17 per unit for total proceeds of $2.34-million. Each unit consists of one common share and one warrant with each two warrants entitling the holder to acquire one additional common share of the company at the exercise price of $1.25 for a period of one year. The private placement has been fully subscribed and funds delivered to the company pending completion of its closing documents. The closing of the private placement is subject to final acceptance by the Vancouver Stock Exchange. Proceeds from this proposed private placement will be used for marketing and the company is also actively seeking new ventures that will either expand or add value to its. The company's debt-free position and revenue streams put it in good position to take advantage of valuable business opportunities that are emerging in the market. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com Well. after all we talked about on SH they still pulled it off. WHYSCS Solars Computing Systems Inc - SCS Solars receives preliminary approval for private placement SCS Solars Computing Systems Inc SCS Shares issued 30,557,801 1999-06-01 close $1.1 Wednesday Jun 2 1999 Mr. Frank Wells reports The company has received preliminary approval from the Vancouver Stock Exchange with respect to its proposed private placement of two million units at the subscription price of $1.17 per unit for total proceeds of $2.34-million. Each unit consists of one common share and one warrant with each two warrants entitling the holder to acquire one additional common share of the company at the exercise price of $1.25 for a period of one year. The private placement has been fully subscribed and funds delivered to the company pending completion of its closing documents. The closing of the private placement is subject to final acceptance by the Vancouver Stock Exchange. Proceeds from this proposed private placement will be used for marketing and the company is also actively seeking new ventures that will either expand or add value to its. The company's debt-free position and revenue streams put it in good position to take advantage of valuable business opportunities that are emerging in the market. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com