Strong Group PP ClosedThis is a good indicator of a strong group with promising prospects.
The Private Placement is closed.
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 22, 2007.
Number of shares: 6,015,000 shares
Purchase price: 50 cents per share
Warrants: 3,007,500 share purchase warrants to purchase 3,007,500 shares
Warrant exercise price: 60 cents per share for an 18-month period
Number of hidden placees: 29 placees
Pro groups: Cliff Rich 110,000; Thomas Relling 150,000; Bernard Leroux 200,000; J.W. Mustard 40,000; 0783648 BC Ltd. (David Lyall) 500,000
Finders' fees: $7,000 cash payable to Blackmont Capital Inc.; $1,400 cash payable to Capital Street Group (David Taylor); $35,000 cash payable to Haywood Securities Inc.; $7,000 cash payable to Jones Gable & Company Ltd.; $35,000 cash payable to Coniston Investment Corp. (Paul Parisotto); $8,750 cash payable to Com-Advice.com AG (Rudy Brauer); $14,000 cash payable to Tom Kennedy