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Cypress Hills Resource Corp. Private Placement.
- Article from:
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Canadian Corporate News
- Article date:
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August 12, 2005
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Copyright informationCOPYRIGHT 2005 Canadian Corporate News. News Provided by Comtex. 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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VANCOUVER, BRITISH COLUMBIA, Aug 12, 2005 (CCNMatthews via COMTEX) -- Cypress Hills Resource Corp. ("Cypress Hills") (TSX VENTURE:CHS) reports that two directors of Cypress Hills (as to 1,700,000 shares) and one consultant to Cypress Hills (as to 900,000 shares) have arranged a sale of 2,600,000 shares of Cypress Hills at a price of $0.22 per share through the facilities of the TSX Venture Exchange. The proceeds from this sale will be used to subscribe for a total of 3,421,800 units of the previously announced private placement of 7,500,000 units of Cypress Hills at a price of $0.20 per unit, each such unit being comprised of one common share of Cypress Hills and one ...
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