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Kokanee Minerals Inc V.KOK



TSXV:KOK - Post by User

Post by TruthMachine2on May 14, 2011 7:32pm
206 Views
Post# 18577369

KOK borrows $300,000, issues 226,414 shares

KOK borrows $300,000, issues 226,414 shareshttps://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aKOK-1841822&symbol=KOK&region=C

Kokanee borrows $300,000, issues 226,414 shares

2011-05-13 21:04 ET - News Release

Mr. John Ulmer reports

Kokanee Minerals Inc. has entered into loan agreements for the loan of $300,000 to the company at the interest rate of 10 per cent per annum and the payment of a bonus of 226,414 common shares at a deemed price of 26.5 cents per common share, all of which shall be subject to the approval of the TSX Venture Exchange.

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