Cross Lake Minerals: Private Placement.VANCOUVER, British Columbia--(BUSINESS WIRE)--March 10, 1999--Cross Lake Minerals Ltd. (the "Company")(VSE See DOS/VSE. VSE - Virtual Storage Extended :CRN CRN Computer Reseller News CRN Crown CRN Council for Responsible Nutrition CRN Crane CRN Community Recycling Network CRN Course Reference Number CRN Center for Responsible Nanotechnology CRN Cornish (SIL code, UK) .) wishes to announce that, subject to all necessary approvals, the private placement announced on March 8, 1999, has been increased from 555,556 flow through common shares to up to 666,667 flow through common shares at a price of $0.45 per share. The Company intends to use the proceeds from the placement to fund exploration work on its Sheraton-Timmins Property in Ontario and on other Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. properties. ON BEHALF OF THE BOARD OF DIRECTORS CROSS LAKE MINERALS LTD. Henry G. Ewanchuk, Chairman, President and C.E.O. 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. |
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