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Article: McKenzie Bay and Cornell Capital Partners, LP announce $15 million equity funding agreement.
- Article from:
- PR Newswire
- Article date:
- April 6, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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McKenzie Bay International Ltd. "MKBY" has entered into a Standby Equity Distribution Agreement with Cornell Capital Partners, L.P., a Delaware limited partnership, of Jersey City, New Jersey. Under the agreement and subject to its terms and conditions, Cornell will purchase newly issued common shares from MKBY, to a maximum market value of $15 million, over a 24-month period. This announcement does not constitute an offer of any securities for sale.
The decision to put common stock to Cornell is entirely at MKBY's discretion, and the agreement does not contain any minimums as to amount or frequency, except that MKBY can only draw down once every seven trading ...
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Article: IVGR, LIPD, MKBY, OCAI, PACT, SLXA Have Also Been Added To ...
M2 Presswire;
November 28, 2006 ;
700+ words
... ... November 2006-BUYINS.NET: IVGR, LIPD, MKBY, OCAI, PACT, SLXA Have Also Been Added ... McKenzie Bay International, Ltd. (OTCBB: MKBY), OCA, Inc. (OTC: OCAI), Pacificnet ... McKenzie Bay International, Ltd. (OTCBB: MKBY) a development stage company, through ...
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