WINSLOW RESOURCES V.WLR | Stock Discussion Forums

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Gold/Mining/Energy
WINSLOW RESOURCES V.WLR

An SI Board Since December 2000

Posts	SubjectMarks	Bans	Symbol
3	1	0	WLR

Emcee: jerry janko	Type: Unmoderated

Introduction Market Data Compact

Effective Dec. 21, 2000, Winslow Resources completed the items contemplated
at its Oct. 4, 2000, extraordinary meeting and commenced trading on the
Canadian Venture Exchange under its new name and new symbol, WLR.
The company's common shares have been consolidated on a 5-for-1 basis and
the company completed a non-brokered private placement where 273,367
postconsolidated units were sold at a price of 30 cents per unit for gross
proceeds of approximately $82,010. Each unit consists of one common share
and one share purchase warrant with every two such warrants entitling the
holder to acquire one additional share at 40 cents per share at any time
within one year from closing. The private placement shares, and any shares
acquired pursusant to the exercise of the warrants, are subject to a hold
period of one year, expiring Dec. 21, 2000.
The company will be completing a further non-brokered private placement by
the end of the year, under which the company will sell three million
shares, 2.25 million of which will be flow-through common shares and
750,000 of which will be common shares at the price of 25 cents per share.
The directors of the company are Hugh G. Ross, Gerald N. Ross, Hughes
Salat, Monzer Shawa, Saeed Sabawi and Arnie Nielsen.
The company is actively pursuing oil and gas exploration and acquisition
opportunities with the proceeds of the private placements.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
3	Hey Jerry, Where have you been? Hope you dumped Winslow and moved on. Just ch	Martin Wormser	-	1/19/2002
2	Jerry: Do you know if the private placement ($750.000) was completed? Is this C	canadian-crude	-	3/23/2001
1	Well Jerry. Still hot on Winslow? Sometimes it just better to fold em. martin	Martin Wormser	-	2/7/2001

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