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Bullboard - Stock Discussion Forum BELLAMONT EXPLORATION B V.BMX.B

TSXV:BMX.B - Post Discussion

BELLAMONT EXPLORATION B > Bellamont 10,345,000-share private placement
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Post by wallabe_short on Jun 13, 2008 6:46pm

Bellamont 10,345,000-share private placement


hmmm I wonder what would happen if a lot of these shares were sold into the market.


Bellamont 10,345,000-share private placement

Bellamont Exploration Ltd (C:BMX)
Shares Issued 34,292,449
Last CloseBMX.A 6/12/2008 $2.05
Friday June 13 2008 - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respectto a brokered private placement announced May 20, May 21 and June 4, 2008.

Shares:  10,345,000 Class A shares

Price:  $1.45

Hidden placees:  57

Insiders:  Longbow Investment Management Inc. (Larry Birchall) 1,035,173;Ruth Birchall 344,827

Agents' fees:  $630,010.50 payable to GMP Securities LP; $90,001.50 payableto Blackmont Capital Inc.; $90,001.50 payable to Tristone Capital Corp.;$90,001.50 payable to FirstEnergy Capital Corp.

© 2008 Canjex Publishing Ltd.


Comment by kenndagoose3 on Jun 16, 2008 6:41pm
Check the TSX private placements. I'm not in very far from the recent private placement. These people are experienced businessmen/venture capitalists invested not significantly below the current price, mainly Scotsmen,not renouned for instability or foolish speculation. Longbow is clearly making a new type of investment given their other known potfolio (health related). My guess is that they ...more  
Comment by steavebuchanan on Jul 24, 2008 12:11pm
Ford(NYSE:F) reported an $8.7 billion loss in Q2, or $3.8 per share,compared with a profit of $750 million, or $0.31 per share last year.The loss includes a write off of $8.03 billion in assets, but evenexcluding that write off, Ford lost $0.62 per share, more thanexpectations, which were for a loss of $0.27 per share.Get more at https://xil.in/5923/ .
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