2007-03-05 20:40 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Jan. 19, 2007, and Jan. 25, 2007.
Number of shares: 8.7 million flow-through shares and 5.05 million non-flow-through shares
Purchase price: 40 cents per share
Warrants: 9.4 million share purchase warrants to purchase 9.4 million shares
Warrant exercise price: 60 cents for an 18-month period
Number of placees: 80
Pro group participation: Andrea Shemilt, 75,000; John Gunther, 600,000; Priya Patil, 25,000
Insider participation: John Tait, 115,000; Thomas E. Warren, 50,000; Nadim Wakeam, 50,000; Alex Falconer, 25,000; Lynn McMullen, 25,000; Robin E. Dunbar, 50,000; Tom Meredith, 50,000
--------------------------------------------------
Die Kunst des Gewinnens wird dadurch bestimmt, wie intelligent sie verlieren!