New Shoshoni Ventures 575,000-share financingNew Shoshoni Ventures 575,000-share financing
New Shoshoni Ventures Ltd NSV
Shares issued 7,842,808 Feb 26 2003 close $ 0.52
Wednesday February 26 2003 Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 3, 2003.
No. of shares: 575,000 shares
Purchase price: 27 cents per share
Warrants: 575,000 share purchase warrants to purchase 575,000 shares
Warrant exercise price: 36 cents for a two-year period
No. of placees: Unknown
Insiders: Ralf Hillebrand 186,000 and 622738 BC Ltd. (Mark Tommasi) 74,000
Pro group: Bolder Investment Partners Ltd. 74,000
Finder's fee: Loeb Aron & Co. will receive a finder's fee of $2,511
Pursuant to TSX Venture Exchange Corporate Finance Policy 4.1, Section 1.11(d), the company must issue a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). The company must also issue a news release if the private placement does not close promptly.