Cusac Announces Private Placement Arranged.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 21, 1999 (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CQC CQC China Quality Certification Center CQC Caiga Quien Caiga (Argentinean TV show) CQC Close Quarters Combat (gaming league) CQC Close Quarters Combat (hand to hand) .) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:CUSIF) Guilford H. Brett, Chairman, is pleased to announce that, subject to the approval of the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. , the Company has arranged a Private Placement of 650,000 flow-through units at a price of $0.15 per unit for proceeds of $97,500.00. Each unit consists of one common share and one warrant to purchase one common share at a price of $0.20 during the first year and $0.24 during the second year. The flow-through funds are allocated to the development of the Company's Table Mountain property in northern British Columbia. Several key targets are outlined for diamond drilling in the Spring. The Company looks forward to commencing full production again at the mine, when gold firms above $300/oz. The mine is currently under care and maintenance, and debt free. Cusac Gold Mines Ltd. Per/Guilford H. Brett, Chairman 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 neither reviewed nor approved the forgoing and does not accept responsibility for the adequacy or accuracy of its contents. |
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