FINANCING (September 05, 1988)

Posted By: Northern Miner Staff September 5, 1988

Fireball — gross proceeds rec $225,000.

Hildon — gross proceeds rec $157,500.

Pennilane — gross proceeds rec $105,000.

Sukuma — 400,000 sold for gross $140,000.

Cons Jalna — 450,000 @ 35 cents firmly underwritten.

Jazzman — (corr) — 600,000 shs sold for gross $258,000.

Scorpion — 700,000 sold for gross $245,000.

Southern Gold — 600,000 sold for gross $840,000.

Wells Gold — 500,000 sold for gross $200,000.

American Ventures — 450,000 sold for gross $180,000.

Laker — min 400,000 offered @ 35 cents per sh.

Int’l Maple Leaf — 750,000 shs offered @ min 40 cents per unit.

Pulse — gross proceeds rec $168,000.

Merlin — 500,000 offered @ 35 cents per sh.

Trade Winds — 500,000 offered @ 45 cents per sh.