NEWS!!!!!!!!! For real!!!!!!Iciena Ventures 35-million-share private placement
2007-01-16 16:39 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 27, 2006, and amended Dec. 22, 2006.
Number of shares: 35 million
Purchase price: 10 cents per share
Warrants: 17.5 million share purchase warrants to purchase 17.5 million shares
Warrant exercise price: 15 cents for a two-year period with an option to accelerate the expiry date of the warrants forming part of the units to the date that is 30 days following the date a news release is issued by the issuer announcing that the published closing price of the common shares of the issuer on the exchange has been greater than 20 cents for 30 consecutive trading days after the hold period has expired
Number of placees: 130
Pro group participation: Dallas Fahy, 100,000; Gus Wahlroth, 200,000; Jasson Aisenstat, 100,000; Harley Mayers, 200,000; Lynda Watson, 100,000; Bob Shewchuk, one million; Robert Sali, 2.5 million; Richard Cohen, 500,000; Hazel Bennett, 100,000; Jeff German, 100,000; Gayle Elliott, 20,000; Elizabeth Morrison, 50,000; Roman Haas, 100,000; Margaret Haas, 100,000; David Lyall, one million; Maurice Colson, 500,000; Darcy Higgs, 1.21 million; Martin Tielker, 50,000; Sean Gallagher, one million; Dan Seites, 100,000; Burton Egger, 400,000; Morquest Trading Company (Al Morishita/Shayne Nyquvest), 450,000; Payton Nyquvest, 50,000; 310-831 BC Ltd. (Shayne Nyquvest), 100,000; Dean Duke, 610,000; Andrew Statham, 25,000; Julie Catling, 50,000; Xaviera Tam, 10,000; Peter Chu, 200,000; Teepy L.C. Tang, 100,000; Batell Investments Ltd. (Ken Bates/David Elliot), 250,000; David Elliot, 500,000; David Shepherd, 250,000; Andrew Williams, 250,000