BRITANNIA GOLD CORP. - PRIVATE PLACEMENT.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)--July 31, 1995--BRITANNIA GOLD CORP.(VSE See DOS/VSE. VSE - Virtual Storage Extended : BGP (Border Gateway Protocol) The routing protocol that is used to span autonomous systems on the Internet. It is a robust, sophisticated and scalable protocol that was developed by the Internet Engineering Task Force (IETF). ) Mr. John W. Greenslade, President of Britannia Gold Corp. (the "Company"), advises that the Company has agreed to sell by private placement up to 820,000 Units at a approved by 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). . Each unit will consist of one share and one share purchase warrant with each share purchase warrant entitling the holder thereof to purchase a further share at $0.43 during the first year and $0.50 during the second year after issuing. Funds received from the placement will be used to pay outstanding accounts payable and for general working capital. ON BEHALF OF THE BOARD OF DIRECTORS OF BRITANNIA GOLD CORP. The Vancouver Stock Exchange has neither approved nor disapproved of the information contained herein. CONTACT: John W. Greenslade 604/687-6690 604/688-0426 (fax) |
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