Birim Goldfields raises $1.8 million.MONTREAL, QUEBEC--(BUSINESS WIRE)--DECEMBER 4, 1995--BIRIM GOLDFIELDS n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. : BIRM BIRM Biological Immune Response Modulator BIRM Bridge Inspector's Reference Manual BIRM Beijing Institute of Radio Metrology and Measurement ) The Board of Directors of Birim Goldfields Inc. is pleased to announce that the Corporation has raised approximately $1,822.500 by means of the exercise of 2,430,000 share purchase warrants at $0.75 per share. This means that Birim now has outstanding approximately 10,734,425 common shares. Proceeds of this funding will be applied to the Company's working capital and will be employed to further extend Birim's gold exploration program in Ghana. The Company wishes to add that, other than the exercise of these warrants and the information contained in recent news releases, the last being dated November 27, there is no further corporate development to account for the recent trading activity of its shares. The Company's Dunkwa Prospecting Licenses cover a contiguous area of about 230 sq. km. along the Ashanti Gold Belt. The property straddles a 45 km strike zone of highly favorable geological formations and structures identical with those hosting the Ashanti Goldfields mine to the north and Gencor's Bogosu mine to the south. Birim's common shares trade on the Canadian Dealing Network (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ), Canada's national over-the-counter market over-the-counter market Trading in stocks and bonds that does not take place on stock exchanges. Such trading occurs most often in the U.S., where requirements for listing stocks on the exchanges are strict. , under the symbol BIRM. CONTACT: Denis Denis, king of Portugal: see Diniz. Simoneau President Stuart Lee Director 514/393-8611 514/393-1158 (fax) REPEATS: New York 212-575-8822 or 800-221-2462; Boston 617-236-4266 or 80 |
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