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ftp://ftp.cdnx.com/Notices/200102/n20010216.txt
BULLETIN TYPE: Cease Trade Order
BULLETIN DATE: February 16, 2001
A Temporary Cease Trade Order has been issued by the Ontario Securities
Commission on February 16, 2001 against the following Company for failing to
file the documents indicated within the required time period:
GALLERY RESOURCES LIMITED ("GYR")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: February 16, 2001
Tier 2 Company
CDNX has accepted for filing documentation with respect to a Non-Brokered
Private Placement announced December 11, 2000:
Number of Shares: 5,000,000 shares
Purchase Price: $0.12 per share
Warrants: 5,000,000 non-transferable share purchase warrants to purchase
5,000,000 shares
Warrant Exercise Price: $0.20 for a two year period
Number of Placees: 20 placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
Karl Basi Y 166,667
Brian Cawley Y 125,000
Bruce Costerd Y 500,000
Richard Haderer Y 125,000
Hector Mackay-Dunn Y 200,000
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