Rest of the Release...FYIBlack Bull satisfies regulatory requirements
2003-04-10 18:41 ET - News Release
Mr. John Keating reports
Bull Black Resources advises that the issues identified in the British Columbia Securities Commission's continuous disclosure review, as news released in Stockwatch on Feb. 10, 2003, have now been resolved. In addition, the TSX Venture Exchange has informed that all issues identified in the exchange's concurrent review have now been addressed by making the appropriate filings and implementing sufficient internal controls. The exchange has informed the company that no further action is required and has given notice to comply with all exchange requirements.
The company is proceeding with a proposed $6-million private placement of convertible secured debentures pursuant to an agency agreement with TD Securities Inc. The conversion price of the debentures will be determined in the context of the market. The closing date is anticipated to be on or about April 30, 2003.
WARNING: The company relies upon litigation protection for "forward-looking" statements.