We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Spokane Resources V:SKN -- Ignore unavailable to you. Want to Upgrade?

To: Texas77 who wrote (35)3/14/1998 3:48:00 PM
From: John Soileau  Read Replies (1) | Respond to of 51
Warrants, more dilution... news release a few weeks ago:

The Brokered Private Placement of 900,000 Special Warrants at a price of $0.35 per Special Warrant announced on November 3, 1997, has now been completed. The $315,000 (net $298,000) proceeds of the private placement will be applied to fund due diligence on mineral concession, located in Chihuahua State Mexico, which the Company has agreed to acquire in a joint venture with Sand River Resources Ltd., and for General Corporate purposes. ON BEHALF OF THE BOARD

They also filed a notice that an employee has been given an option to buy 50,000 shares at .50, good for several years.

Wonder if they will ever mention the MAC again (remember the billion dollar Mac!), or are we just pushing the Chihuahuas these days?

Woof woof.