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Brigdon Resources Announces Private Placement.


CALGARY, Alberta--(BUSINESS WIRE)--Sept. 20, 1996--Brigdon Resources Inc. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
:BRG BRG Bridge
BRG Bearing
BRG Bundesrealgymnasium (German: state secondary school)
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.A.) of Calgary announces that it has reached agreement on the private placement of 779,200 Class "A" Common flow through shares at a price of $1.65 per share for total proceeds, before expenses, of $1,285,680.

These funds will, primarily, be used to drill five exploratory and development wells at Brigdon's Buffalo Lake Buffalo Lake may refer to: Cities, towns, townships etc.
  • Buffalo Lake, Minnesota, a city in Minnesota, U.S.A.
Lakes
In Canada:
  • Buffalo Lake (Alberta)
In the United States:
 - Stettler field in central Alberta. The first well in the program is scheduled to begin drilling within two weeks. This placement is subject to regulatory approval.

The Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 has not reviewed and does not accept responsibility for the adequacy or accuracy of this Press Release.

CONTACT: BRIGDON RESOURCES INC.

J. Phillip Piffer, 403/ 266-4421

403/ 266-4460 (FAX)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 20, 1996
Words:126
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