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iShares Global Energy ETF V.IXC.U


Primary Symbol: IXC

The fund seeks to track the investment results of an index composed of global equities in the energy sector. The fund seeks to track the investment results of the S&P Global 1200 Energy Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc. deems to be part of the energy sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200. The Underlying Index may include large-, mid- or small-capitalization companies.


ARCA:IXC - Post by User

Bullboard Posts
Post by marrcooooon Sep 05, 2003 9:57am
89 Views
Post# 6384288

NEWS. FINANCING TO RAISE UP TO US$500,000

NEWS. FINANCING TO RAISE UP TO US$500,000 FINANCING TO RAISE UP TO US$500,000 Industrialex Manufacturing Corp., a leading provider of industrial coating services announced that it has agreed to sell, in a non-brokered private placement, up to 1,000,000 units at a price of US$0.50 per unit, to raise up to US$500,000. Each unit will comprise one fully paid common share and one half of a non-transferable share purchase warrant. Each whole share purchase warrant will entitle the holder to acquire one additional common share at a price of US$0.55, and will be exercisable for a period of up to two years from the date of issuance. Mr. Ahmad Akrami, Industrialex's CEO, Chairman and majority shareholder, has confirmed his intent to purchase up to 100,000 of the units. It is not anticipated that any other insiders will participate in the private placement. Completion of the private placement is subject to receipt of subscriptions and to all relevant regulatory consents and approvals. The net proceeds from this private placement will be used to complete automation of Industrialex's northern Colorado facility, reduce debt, begin research for the rollout of additional facilities and for working capital purposes. Industrialex is also pleased to announce that, subject to regulatory approval, it has engaged Bolder Venture Partners of Denver, Colorado to provide financial advisory services to Industrialex and to assist Industrialex in its proposed private placement financing transactions through March, 2004. As consideration for its financial advisory services Bolder Venture Partners will be paid a monthly fee of US$3,500. Bolder Venture Partners will also be paid cash and non-transferable share purchase warrants in respect of specific financing activities. Headquartered in Arvada, Colorado, Industrialex Manufacturing Corp. is a leading provider of protective industrial coating services to a broad range of manufacturers. Industrialex's services include conformal coating, shielding, potting, powder coating, liquid coating and screen-printing. On behalf of the Board of Industrialex Manufacturing Corp. 'Ahmad Akrami' Chairman and Chief Executive Officer
Bullboard Posts