RE: 125MM shrs free trading in a couple daysNot in a couple of days, but a couple of days ago.
So go figure, 125m shares come on the market, and the SP goes up!
From the NR;
Opal Energy Corp (TSX VENTURE:OPA) (the "Company") is pleased to announce that
it has completed the non-brokered private placement of $25,000,000 (the
"Offering") announced by news release on May 4, 2007. The Offering consists of
125,000,000 common shares of the Company at a price of $0.20 per share.
Finder's fees of 6.0%, in cash or common shares, will be paid to various
parties in respect of the Offering. All securities issued pursuant to the
Offering are subject to a 4 month hold period which expires on October 22, 2007.