FYI,
As per earlier news release each unit is priced at $1.00 and consists of one stock and one warrant to purchase at $1.25 within a two year period. Financing for the wood products endevour has yet to be announced.
Later All,
Craig
Big Valley Resources Private Placement Filled
VANCOUVER, BRITISH COLUMBIA--Subject to Alberta Stock Exchange
acceptance and as a matter of record, the Company announces that
it will carry out a 1,300,000 unit non-brokered private placement.
The Company's May 7, 1998 news release incorrectly disclosed the
number of units as 1,200,000. All other information related to
the private placement as originally disclosed remains unchanged.
All 1,300,000 units have been placed and closing will proceed in
due course.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Big Valley Resources Inc.
Lloyd Tattersall
President
1-250-243-2337
1-250-243-2335 (FAX)
www.bigvalleyres.com
or
Big Valley Resources Inc.
John Enns
Director
1-888-677-9677
The Alberta Stock Exchange has neither approved or disapproved the
information contained herein.
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Disclaimer
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