Braddick Resources Ltd. Announces Private Placement.MISSISSAUGA, ONTARIO--(BUSINESS WIRE)--March 4, 1997--Braddick Resources Ltd. (VSE See DOS/VSE. VSE - Virtual Storage Extended :BRO bro n. pl. bros Slang 1. A brother. 2. Friend; pal. Used as a form of familiar address for a man or boy: So long, bro. .) BRADDICK RESOURCES LTD. is pleased to announce it has negotiated a private placement of 506,335 Units at a price of $0.60 per Unit. Each Unit consists of one common share and one share purchase warrant to purchase an additional share at $0.60 for a period of one year and $0.70 for the second year. 156,335 Units are flow-through and a finders fee is payable to three individuals. All terms are subject to the necessary regulatory approval. The Company intends to use the flow-through proceeds to immediately commence a drill program on the Lac La Borde area of the Company's Schefferville gold property in Quebec. The previous program carried out on this property has defined a pair of 3km long magnetic/EM anomalies
Anomalies is Cephalic Carnage's 4th full-length album. It was released on Relapse Records. The group expanded their sound even more than their previous album, Lucid Interval, and gained more popularity. . The target area has returned unconcentrated silt samples up to 27.5 gm/tonne (0.80 oz/tonne) gold and several other strong gold soil anomalies. The remainder of the proceeds will be used to review several high level gold opportunities in Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. and to fund the current exploration project in central Norway Central Norway (Norwegian: Midt-Norge (bokmål); Midt-Noreg (nynorsk)) is an administrative division that includes the counties of Nord-Trøndelag, Sør-Trøndelag and Møre og Romsdal and is used by, for example, the Regional Health . 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 herein. CONTACT: Braddick Resources Ltd. Randy Peaker, 888/732-6064 604/732-6064 (FAX) Web Site: http://www.stockgroup.com/bro.html E-Mail: peaker@axionet.com |
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