FINANCIAL NEWS
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| Publicat a: | Oil & Gas Interests Newsletter (Sep 1, 2001), p. 1 |
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| Publicat: |
Crain Communications, Incorporated
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| Accés en línia: | Citation/Abstract Full Text |
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| Resum: | Company Name Alhambra Resources Ltd. (Canadian Venture: ALH) Headquarters: Calgary: Canadian Imperial Venture Corp. (Canadian Venture: CQV) Headquarters: St. John's, Newfoundland Private placement: Private placement Up to C$200,000: C$4.8 million Plans to privately place up to 2 million units at C$0.10 per unit. Each whole common share purchase warrant may be exercised to purchase a common share of Alhambra for two years at C$0.15 in the first year and C$0.20 the second. The proceeds of the private placement will be used for working capital to be applied to Alhambra's exploration and development of resource projects. : Privately placed 482,667 special A warrants at C$1.50 each and 2,903,050 special B warrants at C$1.40 each, for gross proceeds of $4,788,270. Each special A warrant is exercisable into one flow-through common share and each special B warrant is exercisable into one common share and one common share purchase warrant. Jennings Capital Inc. served as agent. Alhambra Resources Ltd. (Canadian Venture: ALH) Headquarters: Calgary: Cusac Gold Mines Ltd. (Toronto: CQC) Headquarters: Vancouver Private placement: Private placement Up to C$200,000: Up to C$500,000 Plans to privately place up to 2 million units at C$0.10 per unit. Each whole common share purchase warrant may be exercised to purchase a common share of Alhambra for two years at C$0.15 in the first year and C$0.20 the second. The proceeds of the private placement will be used for working capital to be applied to Alhambra's exploration and development of resource projects. : Will privately place 2 million units, consisting of one flow-through share and one warrant to purchase a non-flow-through share at C$0.25 each for one year. Alhambra Resources Ltd. (Canadian Venture: ALH) Headquarters: Calgary: Energy Exploration Technologies (OTC BB: ENXT) Headquarters: Calgary Private placement: Private placement Up to C$200,000: US$2.875 million Plans to privately place up to 2 million units at C$0.10 per unit. Each whole common share purchase warrant may be exercised to purchase a common share of Alhambra for two years at C$0.15 in the first year and C$0.20 the second. The proceeds of the private placement will be used for working capital to be applied to Alhambra's exploration and development of resource projects. : Privately placed US$2.875 million of common stock at US$1.15 per share to fund its upcoming multiwell exploration program. Alhambra Resources Ltd. (Canadian Venture: ALH) Headquarters: Calgary: Energy North Inc. (Toronto: ENI) Headquarters: Calgary Private placement: Private placement Up to C$200,000: C$984,240 Plans to privately place up to 2 million units at C$0.10 per unit. Each whole common share purchase warrant may be exercised to purchase a common share of Alhambra for two years at C$0.15 in the first year and C$0.20 the second. The proceeds of the private placement will be used for working capital to be applied to Alhambra's exploration and development of resource projects. : Privately placed 1,093,601 flow-through special warrants, at C$0.90 each, for proceeds of C$984,240. Funds from the offering will be used to fund seismic acquisition and exploratory drilling on existing and new projects. Alhambra Resources Ltd. (Canadian Venture: ALH) Headquarters: Calgary: Epic Oil and Gas (Canadian Venture: EAS) Headquarters: Vancouver Private placement: Private placement Up to C$200,000: C$400,000 Plans to privately place up to 2 million units at C$0.10 per unit. Each whole common share purchase warrant may be exercised to purchase a common share of Alhambra for two years at C$0.15 in the first year and C$0.20 the second. The proceeds of the private placement will be used for working capital to be applied to Alhambra's exploration and development of resource projects. : Will privately place 4 million units at C$0.10 per each. Each unit will consist of one common share in the capital stock of the company and half of one nontransferable share purchase warrant. One full warrant will entitle the holder to purchase one additional share of the company for a 180-day period at a price of C$0.15. Alhambra Resources Ltd. (Canadian Venture: ALH) Headquarters: Calgary: Greentree Gas & Oil Ltd. (Canadian Venture: YGG) Headquarters: London, Ontario Private placement: Private placement Up to C$200,000: C$662,510 Plans to privately place up to 2 million units at C$0.10 per unit. Each whole common share purchase warrant may be exercised to purchase a common share of Alhambra for two years at C$0.15 in the first year and C$0.20 the second. The proceeds of the private placement will be used for working capital to be applied to Alhambra's exploration and development of resource projects. : Privately placed 358,114 common shares at C$1.85 per share, for proceeds of C$662,510. The proceeds will be used to carry out gas and oil development and exploration activities on Greentree's properties in southwestern Ontario.... |
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| ISSN: | 1073-0265 |
| Font: | ABI/INFORM Trade & Industry |