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 Mon Aug 19, 2002
Cassidy Gold arranges $105,000 financing

 The Company announces that it has arranged a private placement of a total of 700,000 Units to 12 investors at a price of $0.15, to raise a total of $105,000. Each unit includes one common share and one detachable non-transferrable Share Purchase Warrant entitling the purchaser to purchase an additional share at a price of $0.20 over a term of two years. Two of the placees will receive flow-through shares and a warrant respecting the purchase of additional flow-through shares.

Shares acquired by placees, and shares which may be acquired upon the exercise of the share purchase warrants, are subject to a hold period and may not be traded in British Columbia until December 19, 2002 except as permitted by the BC Securities Act and Regulations thereunder.
 
 

You can view the Next News Releases item: Thu Aug 22, 2002, Cassidy Gold amends terms of private placement

You can view the Previous News Releases item: Fri Aug 9, 2002, Cassidy Gold grants incentive share purchase options


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