Thursday, July 30, 2009
TSX Venture Exchange Daily Bulletins
VIRGINIA ENERGY RESOURCES INC. ("VAE") (formerly Santoy Resources Ltd. ("SAN"))
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: July 29, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange bulletin dated July 22, 2009, the Non-Brokered Private Placement announced July 16, 2009 has been amended as follows: Finders' Fees: $30,205 cash and 258,900 warrants payable to Union Securities Ltd. $6,728.40 cash and 57,672 warrants payable to Blackmont Capital Inc. $10,500 cash and 90,000 warrants payable to NBCN $14,000 cash and 120,000 warrants payable to Cormark Securities $69,833.40 cash payable to Acamar Asia Consultants Inc. (Alimohamid and Nadia Fayyaz) *
All placees receive subscription receipts upon closing.
The subscription receipts will be exchanged for private placement units consisting of the above-described shares and warrants upon the closing of the Plan of Arrangement with Virginia Uranium Ltd.
As the Company will be completing a one for five consolidation immediately following closing of the Plan of Arrangement, these shares and warrants will be issued on the same consolidation ratio. TSX-X
http://www.tradingmarkets.com/.site/news/Stock%20News/2449242/
BULLETIN TYPE: Private Placement-Non-Brokered, Amendment BULLETIN DATE: July 29, 2009 TSX Venture Tier 2 Company Further to the TSX Venture Exchange bulletin dated July 22, 2009, the Non-Brokered Private Placement announced July 16, 2009 has been amended as follows: Finders' Fees: $30,205 cash and 258,900 warrants payable to Union Securities Ltd. $6,728.40 cash and 57,672 warrants payable to Blackmont Capital Inc. $10,500 cash and 90,000 warrants payable to NBCN $14,000 cash and 120,000 warrants payable to Cormark Securities $69,833.40 cash payable to Acamar Asia Consultants Inc. (Alimohamid and Nadia Fayyaz) *
All placees receive subscription receipts upon closing.
The subscription receipts will be exchanged for private placement units consisting of the above-described shares and warrants upon the closing of the Plan of Arrangement with Virginia Uranium Ltd.
As the Company will be completing a one for five consolidation immediately following closing of the Plan of Arrangement, these shares and warrants will be issued on the same consolidation ratio. TSX-X
http://www.tradingmarkets.com/.site/news/Stock%20News/2449242/
Labels: News, Opinion
Virginia Energy Resources Inc
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