Post by
inthemarket on Apr 04, 2001 5:10pm
Catherine McLeod-Seltzer & YOD
Odyssey four million share private placement
Odyssey Resources Limited YOD
Shares issued 11,775,876 Apr 2 close $0.24
Tue 3 Apr 2001 Private Placement
The Canadian Venture Exchange has accepted for filing documentation with
respect to a non-brokered private placement announced March 12, 2001.
Number of units: four million units, each unit being exercisable into
one common share and one-half common share purchase
warrant
Price: 15 cents per unit
Warrants: two million non-transferable share purchase warrants to
purchase two million shares
Warrant price: 20 cents for a one-year period
Placees: Eight placees participated
Insiders: Dundee Bancorp Inc., 1,833,333; Douglas B.
Forster, 680,000; Catherine McLeod-Seltzer, 680,000;
600273 BC Ltd., 300,000; Paul Matysek, 300,000; and
Avrom Howard, 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.
(c) Copyright 2001 Canjex Publishing Ltd. https://www.stockwatch.com