Arequipa Resources -- Prospectus Approved on $11 Million Equity Financing.VANCOUVER, British Columbia--(BUSINESS WIRE)--April 25, 1996--AREQUIPA RESOURCES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :AQP AQP Aquaporin (family of membrane channel proteins) AQP Association for Quality and Participation AQP Advanced Qualification Program (aviation) AQP Arequipa, Peru - Rodriguez Ballon ) Arequipa Resources Ltd. (the "Company") is pleased to announce that receipts have been obtained for a Prospectus dated April 19, 1996 qualifying the Special Warrant financing of $11,000,000 completed in January by Loewen, Ondaatje, McCutcheon Limited, Nesbitt Burns Inc. and First Marathon Securities Limited. The approval of the Prospectus qualifies for issuance 2 million common shares and releases $5.5 million from escrow escrow Instrument, such as a deed, money, or property, that constitutes evidence of obligations between two or more parties and is held by a third party. It is delivered by the third party only upon fulfillment of some condition. which will be used to fund the Company's ongoing exploration programs in Peru. The proceeds from the offering will be used to fund additional exploration and development on Arequipa's properties in Peru with an emphasis on the Company's new gold discovery at the Pierina property near Huaraz in Ancash Province Peru. At Pierina access road building, pitting and construction of a tunnel is ongoing and will lead to a drill program in early May. In addition regional work is ongoing within the district that hosts Pierina as well as Paron and California IV where Arequipa holds close to 72,000 hectares in mineral claims covering several other gold 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. . The balance will be used to augment working capital. Arequipa Resources Ltd. is a mineral exploration and development company focused on the acquisition and development of copper and gold properties in Peru. The Company's shares trade on The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. under the symbol AQP. ON BEHALF OF THE BOARD OF DIRECTORS, Ms. Catherine McLeod President CONTACT: Arequipa Resources Ltd. 604/684-0003, 604/684-0007 (Fax) |
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