2007-10-22 16:37 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement and a non-brokered private placement announced Sept. 19, 2007.
Number of shares: 9.73 million shares (brokered) and 936,666 shares (non-brokered)
Purchase price: 30 cents per share
Warrants: 10,666,666 share purchase warrants to purchase 10,666,666 shares
Warrant exercise price: 40 cents for an 18-month period
Hidden placees: 20
Brokered pro group participation: Richard Cohen, 100,000; Robert Sali, 401,317; T. Michael Judge, 178,668; Paula Judge, 100,000
Insider participation: GF Aurum Offshore Partners Ltd., 166,667; Drawbridge Global Macro Master Fund Ltd., 833,333; GF Aurum Partners Ltd., 666,666
www.stockwatch.com/swnet/newsit/...XV&symbol=MXV&news_region=C