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BRUNEAU MINERALS INC. - financing completed with SOQUEM.


MONTREAL--(BUSINESS WIRE)--Jan. 19, 1995--BRUNEAU MINERALS INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
.(ME: BRM BRM biologic response modifier.
BRM Biological response modifier, see there
) Mr. Jean-Guy Masse, President, announces that Bruneau Minerals Inc. completed a private placement with the Societe Quebecoise d'Exploration Miniere (SOQUEM). Under the terms of this financing, SOQUEM subscribed to 120,000 common shares of Bruneau at a price of $0.50 per share for a total consideration of $60,000. Each of the newly issued shares is accompanied by a warrant allowing SOQUEM the fight to subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day"
subscribe, take

buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company";
 one share per warrant at a price of $0.65, for an 18 month period.

The proceeds will used for working capital needs.

The total financing, since December 1994 has now reached $560,000.

CONTACT: Mr. Masse, 514/842-6684

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
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jan 19, 1995
Words:130
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