Argosy Mining closes sale of special warrants.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , B.C.--(BUSINESS WIRE)--March 14, 1995--Argosy Mining Corp. announces that further to its news release of Jan. 13, 1995, the company has closed the sale of 1,400,000 special warrants at a price of $1.25 for gross proceeds of $1,750,000. Each special warrant will entitle en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: the subscriber to receive one Argosy common share and one share purchase warrant at no additional cost on the fifth business day following the date on which a receipt is issued by the V.S.E. for a Statement of Material Facts qualifying the distribution of the units created by exercise of the special warrants. Two such warrants will entitle the holder to purchase one common share at $1.25 for one year. A commission of 5% is payable to two arm's-length parties consisting of $17,375 and 52,100 units respectively. -0- ON BEHALF OF THE BOARD YALE R. SIMPSON Simp·son , Sir James Young 1811-1870. British obstetrician and a founder of gynecology. He is also known for introducing the use of chloroform as an anesthetic. , President -0- 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). has neither approved nor disapproved the contents of this News Release. CONTACT: Argosy Mining Corp., Vancouver Yale R. Simpson President 604/689-5529 604/687-3797 INDUSTRY KEYWORD: MINING REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-330-5311 or 80 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion