RE: RE: Potential S.P. threat???Also a fact, from an Oct. 25, 2010 filing on SEDAR...
** Vancouver, British Columbia. 99 Capital Corporation (the “Company”) is pleased to
announce that it has closed a non-brokered private placement of CAD$9 million (the
“Offering”) announced on October 6, 2010. The Offering consisted of CAD$1 million of
flow-through common shares (the “Flow-Through Offering”)**
**Each flow-through share was priced at CAD
.70. The proceeds from the Flow-Through
Offering will be used for the continuing work program on the Company’s existing Ontario
and Saskatchewan properties. Securities issued pursuant to the Flow-Through Offering are
subject to a hold period of four months and one day and cannot be sold until February 28,
2011.**
The flow through shares are unrelated to the African deal and are not in escrow, and total over 1.4 million shares.
Just sayin'
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