COLUMBIA YUKON COMPLETES A PRIVATE PLACEMENT.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , BC--(BUSINESS WIRE)--July 10, 1995--COLUMBIA YUKON Yukon (y  `kŏn), river, c.2,000 mi (3,220 km) long, rising in Atlin Lake, NW British Columbia, Canada, and receiving numerous headwater streams; one of the longest rivers of North America. RES.
Columbia Columbia, cities, United StatesColumbia (kəlŭm`bēə). 1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore. Yukon Resources Ltd. (the "Company") wishes to announce that it has completed a private placement of 450,000 special warrants at a price of $1.00 per special warrant. Each special warrant is exchangeable into one common share of the Company, for no additional consideration, on the earlier of: I. 15 days after the Company has received a receipt for a final prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. filed with applicable securities commissions qualifying the shares; and II. one year following the issuance of the special warrants. The Company has further completed an additional private placement of 66,667 units at a price of $1.50 per unit. Each unit is comprised of one common share and one non-transferable share purchase warrant entitling holder to purchase an additional common share at a price of $2.00 per share exercisable for a period of one year. The proceeds from the aforementioned a·fore·men·tioned adj. Mentioned previously. n. The one or ones mentioned previously. aforementioned Adjective mentioned before Adj. 1. private placements will be used to fund exploration work on the Company's mineral properties as well as general and administrative expenses. ON BEHALF OF THE BOARD OF DIRECTORS DOUGLAS L. MASON, PRESIDENT The Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). nor any other regulatory body has reviewed this news release and therefore do not accept responsibility for the adequacy or accuracy of this release. CONTACT: Columbia Yukon Res. Douglas L. Mason, President, 604/683-3070 |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion