Post by
inthemarket on Apr 04, 2001 2:24pm
Doug Forster participates in PP
ODYSSEY RESOURCES LIMITED ("YOD")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: April 3, 2001
Tier 3 Company
CDNX has accepted for filing documentation with respect to a Non-Brokered Private Placement announced March 12, 2001:
Number of Units: 4,000,000 units, each unit being exercisable into one common share and one-half of one common share purchase warrant
Purchase Price: $0.15 per unit
Warrants: 2,000,000 non-transferable share purchase warrants to purchase 2,000,000 shares
Warrant Exercise Price: $0.20 for a one-year period
Number of Placees: 8 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Units
Dundee Bancorp Inc. Y, P 1,833,333
Douglas B. Forster Y, P 680,000
Catherine McLeod -Seltzer P 680,000
600273 BC Ltd. Y 300,000
Paul Matysek Y 300,000
Avrom Howard Y 148,934
These securities have not yet been issued. The Company must issue a news release if the private placement does not close promptly. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.