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American Pacific Bank Private Placement.


Business Editors

PORTLAND Portland, town, England
Portland, town (1991 pop. 12,945), Dorset, S England. It is on the Isle of Portland, a small rocky peninsula. Portland stone has been used in St. Paul's Cathedral and other important London buildings. Lobsters and crabs are harvested.
, Ore.--(BUSINESS WIRE)--Jan. 7, 2000

The Bank (Nasdaq:AMPBB) recently announced the private placement of 55,000 shares of common stock and a warrant to purchase an additional 550,000 shares with its Chairman, Mr. Fai Chan, all for $255,750.

The announcement failed to note that the issuance of the shares and the warrant is subject to shareholder approval under the Oregon Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
 Bank Act, and that the matter will be presented for the consideration of shareholders at the 2000 annual meeting in April.

American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Pacific Bank has been serving customers in Oregon since 1979. The Bank began by offering services to customers in the rural areas near Salem, and in 1988 the first Portland office was opened to serve the financial needs of small businesses and real estate developers in the Portland metropolitan area The Portland-Vancouver, Oregon-Washington, Metropolitan Statistical Area, also known as the Portland metropolitan area or Greater Portland, is an urban area in the U.S. states of Oregon and Washington centered around the city of Portland, Oregon. . The Bank has steadily increased their business and has announced the relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation.
     2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation.
 of the current Headquarters and Portland Branch office in Suite 900 at 121 SW Morrison Street to 315 SW Fifth Avenue to a new street-level, full-service office at 315 SW 5th Avenue in the heart of Portland's downtown financial district.
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Publication:Business Wire
Date:Jan 7, 2000
Words:191
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