Re: NEWS - Anglo Swiss Resources Inc. Extends Warrants
in response to
by
posted on
Aug 11, 2008 07:28AM
Developing the Historic Kenville Gold Mine in Southeastern British Columbia
This might be the original
ANGLO SWISS RESOURCES INC. ("ASW")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: August 17, 2007
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced July 13, 2007:
Number of Shares: 10,705,000 flow-through shares
2,295,000 non flow-through shares
Purchase Price: $0.10 per share
Warrants: 5,352,500 flow-through share purchase warrants
to purchase 5,352,500 common shares
1,147,500 non flow-through share purchase
warrants to purchase 1,147,500 common shares
Warrant Exercise Price: $0.20 for a one year period per flow-through
warrant
$0.15 for the first six months and $0.30 for
18-months per non flow-through warrant
Number of Placees: 52 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Raymond James Inc.
(ITF Paul Heinrich) P 350,000
Greg Pendura Y 1,185,000
James Douglas Cowley P 100,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. Note
that in certain circumstances the Exchange may later extend the expiry date of
the warrants, if they are less than the maximum permitted term.
TSX-X