Canabrava Diamond Announces Closing Of 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. , British Columbia--(BUSINESS WIRE)--May 31, 1995-- CANABRAVA DIAMOND (VSE See DOS/VSE. VSE - Virtual Storage Extended :CNB CNB Czech National Bank CNB Centro Nacional de Biotecnologia CNB City National Bank CNB Citizens National Bank CNB Croatian National Bank CNB Chloronitrobenzene CNB Corresponsales No Bancarios (Spanish, Colombia) ) The Company announces that it has closed its private placement to Teck Corporation of 750,000 shares at a price of $3.00 per share for total proceeds of $2,250,000. Teck Corporation was granted non-transferable warrants to purchase up to an additional 375,000 shares for a period of 18 months at a price of $3.75 per share. John G. Paterson President -0- Note to Editors: 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 not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Canabrava Diamond Corporation George Plewes, 604/669-2525 604/688-5175 (Fax) |
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