Champion Bear closes private placement.CALGARY Calgary (kăl`gərē), city (1991 pop. 710,677), S Alta., Canada, at the confluence of the Bow and Elbow rivers. The largest city in Alberta and the fastest-growing major city in Canada, Calgary is a corporate, transportation, and financial , ALBERTA--(BUSINESS WIRE)--Dec. 10, 1996--Champion Bear (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). CBA See Capital Builder Account. .) Champion Bear Resources Ltd. ("Champion") is pleased to announce the closing of the $986,496 private placement of an aggregate of 328,832 common shares, of which 273,832 were flow-through common shares, at a price of $3.00 per share. Champion intends to complete the private placement of an additional 571,168 common shares at a price of $3.00. The proceeds of the private placements are proposed to be used to finance Champion's drilling program, commencing in 1997. The Alberta Stock Exchange neither approves nor disapproves of the information contained herein. CONTACT: Champion Bear Resources Ltd. Richard Ri·chard , Joseph Henri Maurice Known as "Rocket." 1921-2000. Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a D. Kantor, 403/229-9522 |
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