North American Gem Inc V.NAG

only one isider bought in

[SUCYN]

on the PP and it wasn't Charles....'''It was Dave Bissoondatt"...

N.A. Gem 15,778,000-share private placement

2011-04-14 18:02 ET - Private Placement

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The TSX VentureExchange has accepted for filing documentation with respect to anon-brokered private placement announced March 29, 2011.

Number of shares:  15,778,000 shares (of which 9,838,000 are flow-through (FT))

Purchase price:  7.5 cents per share

Warrants:  10,859,000 share purchase warrants to purchase 10,859,000 shares

Warrant exercise price:  10 cents for a one-year period, 12 cents in the second year and 15 cents in the third year

Hidden placees:  57 hidden placees

Insider:  Dave Bissoondatt, 200,000 NFT (non-flow-through)

Pro groups:  Ivano Veschini, 300,000 FT;Kerry Chow, 1.2 million FT;Roberto Chu, 300,000 NFT;David Hamilton, 100,000 FT;Shaun Chin, 280,000 FT

Finders' fees:  $5,625 and 75,000 warrants payable to Canaccord Genuity Corp.;$68,002.50 and 906,700 warrants payable to Haywood Securities Inc.;$5,257.50 and 70,100 warrants payable to Alex Kuznecov;$7,500 and 100,000 warrants payable to Union Securities Inc.

SUCYN

[flooring]

Look at the news from THC,  new directors put in on a PP. Maybe Charles could learn.They are in coal in the Appalachians.  Flooring