RE: pcq-private placement closed
ONCE AGAIN
FOR SOME THAT HAVE MISSED IT OR DON'T UNDERSTAND.
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Petrolympic 2.5-million-share private placement
2008-06-24 16:39 ET - Private Placement
TheTSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced May 22, 2008.
Number of shares: 2.5 million shares
Purchase price: $1 per share
Warrants:2.5 million share purchase warrants to purchase 2.5 million shares
Warrant exercise price: $1.40 for an 18-month period
Hidden placees: Two
-THE WORDS "VALUE ADDED NEWS" MEAN EXACTLY THAT...NEWS!
-THE WORDS "HAS ACCEPTED FOR FILING" POINTS TO THE CLOSING,,,(WHY WOULD THE EXCHANGE ACCEPT DOCUMENTATION FOR FILING OTHERWISE?)
-THE OPENING LINE IS THE ACCEPTANCE BY THE VENTURE EXCHANGE OF THE CLOSED PP ARRANGEMENT
,,,,NOTHING IS WRITTEN IN STONE THAT THE WORD "CLOSED" MUST BE INCLUDED BY THE VENTURE EXCHANGE IN FILING A CLOSED PP ARRANGEMENT.
-THE FORMAL NR FROM THE COMPANY ITSELF IS WHAT SOME HERE WISH TOSEE AND ARE WAITING ON, .WATCH FOR IT.