|Tue Jun 26, 2001|
Private Placement Closes
|Sultan Minerals Inc. (SUL-cdnx) has received CDNX approval to issue 2,000,000 flow- through and non-flow-through units in a private placement with several private investors at a price of $0.10 per unit. Each unit consists of one share and one non-transferable share purchase warrant. Each warrant entitles the holder to acquire one additional share at a price of $0.15 per share until May 2, 2002, and at a price of $0.25 per share in the second year, expiring May 2, 2003. |
"Arthur G. Troup"
For further information please contact:
Investor Relations at the Lang Mining Group
Tel: (604) 687-4622 Fax: (604) 687-4212
Toll Free: 1-888-267-1400 Email: Investor@langmining.com
No regulatory authority has approved or disapproved the information contained in this news release
You can view the Next 2001 News Releases item: Tue Jun 26, 2001, Diamond Drilling Confirms Wide Body of Gold Mineralization
You can view the Previous 2001 News Releases item: Thu Jun 14, 2001, Trenching Extends Gold Mineralization
You can return to the main 2001 News Releases page, or press the Back button on your browser.