Blue Emerald Resources Inc. - private placement negotiated.TORONTO--(BUSINESS WIRE)--March 21, 1997--(VSE See DOS/VSE. VSE - Virtual Storage Extended BER (1) (Basic Encoding Rules) A set of encoding rules for ASN.1 notation, which is a method for defining data structures. See ASN.1. (2) (Bit Error Rate) The average number of bits transmitted in error. See BERT. 1. .) BLUE EMERALD RESOURCES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . is pleased to announce that it has negotiated a private placement, subject to regulatory approval, 346,500 Units at a price of $0.40 per Unit. Each Unit consists of one common share and one share purchase warrant to purchase an additional share at $0.40 for the first year and $0.46 for the second year. A finders fee is payable to one individual. Together with the funds the company has in treasury, the company intends to pursue several exploration programs in the next several months. An initial exploration program has been planned for the recently acquired California diamond property where numerous indicator minerals have been identified. As well, further exploration will be carried out on the company's properties in Indonesia (gold), Norway (base metals) and a drill program is being planned for the Capriquet Township township: see town. (gold) property in Quebec. Blue Emerald Resources Inc. is a Canadian mineral exploration company with properties in Canada, Norway, Indonesia and California. ON BEHALF OF THE BOARD "Derek Bartlett" DEREK BARTLETT - 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 information contained herein. CONTACT: Blue Emerald Resources Inc. Derek Bartlett, 416/864-1457 or Blue Emerald Resources Inc. Katharin Von Gavel gavel small mallet used by judge or presiding officer to signal order. [Western Culture: Misc.] See : Authority , 905/542-3551 1-800-250-4485 |
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