Bodega’s Hyder plans funded by placement

Washington-based company Bodega Ventures (ASE) said it recently completed a private placement subscription with Central Capital for one million Bodega shares at 25cents per share. Central Capital also received a warrant for an additional 500,000 common shares exercisable at 25cents per share prior to Oct. 31, 1991. Proceeds have been used by Bodega to acquire 350,000 common shares of Hyder Gold and for general working capital.