Archangel Diamond - Private Placement Financing Amended.VANCOUVER, British Columbia--(BUSINESS WIRE)--April 17, 1996--ARCHANGEL DIAMOND CORP(VSE See DOS/VSE. VSE - Virtual Storage Extended : AAD AAD American Academy of Dermatology. AAD American Association of Dermatology ) On April 2, 1996 the Company announced a brokered private placement with C.M. Oliver (U.K. Limited) for 1.4 million shares at a price of $1.90 per share. The Company now wishes to announce that the private placement has been amended to consist of 1.4 million common shares at $2.59 per share. The Company will pay a 7 percent cash commission and grant 25,000 broker warrants with a one year term. The private placement, as amended, is subject to the approval of the Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). . The funds raised will be used to fund the Company's ongoing evaluation of the newly discovered Pipe 441 and surrounding anomalies
Anomalies is Cephalic Carnage's 4th full-length album. It was released on Relapse Records. The group expanded their sound even more than their previous album, Lucid Interval, and gained more popularity. on its Verkhotina Joint Venture in the Province of Arkhangelsk, north west Russia, continued exploration on its Windy Ridge Joint Venture as well as for general working capital. The drilling program to obtain a 10-tonne sample from Pipe 441 commenced last week. The planned program is to drill five, 250- metres holes into the pipe. The core recovered from the pipe will be treated at Arkhangelskgeologia's processing plant at Pomoroye, about 35 km from the Verkhotina Property. ON BEHALF OF THE BOARD Bill Trenaman, Corporate Secretary The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Archangel archangel, in religion archangel (ärk`ānjəl), chief angel. They are four to seven in number. Sometimes specific functions are ascribed to them. The four best known in Christian tradition are Michael, Gabriel, Raphael, and Uriel. Diamond Corporation Bill Trenaman, 604/687-4452 604/685-9317 (Fax) or Skyline Capital Corp. Investor Relations Investor relations The process by which the corporation communicates with its investors. , 416/601-9278 416/601-9761 (Fax) |
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