Crew Development Corporation Announces C$4.0 Million Private Placement Announced.Business Editors 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)--Feb. 4, 2000 Crew Develop(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CRU.) (FRANKFURT:KNC KNC Knowledge Navigation Center KNC Kensey Nash Corporation KNC Kawan Ng Cordero (Philippines: Flock of Lamb) ) Crew is pleased to announce that it has arranged, through David Williamson Wil·liam·son , Mount A peak, 4,382.9 m (14,370 ft) high, in the Sierra Nevada of east-central California. Associates, of London London, city, Canada London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826. , England, a private placement of C$4.0 million with two major international institutions, who are existing shareholders. The placement, which is subject to the approval of regulatory bodies, comprises 3.2 million units at a price of C$1.25 per unit, comprising one share and one warrant, which is exercisable at C$1.50 for a period of 12 months. The Company will pay a fee to David Williamson Associates on the proceeds raised. The proceeds will primarily be used to accelerate the Company's Greenland gold and Philippine nickel-cobalt projects. &uot;John M. Darch&uot; President and C.E.O. This News Release was prepared by the Board of Directors on behalf of Crew Development Corp. which is solely responsible for its contents. |
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