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Tackler

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Tackler

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Saturday, 07/30/2005 1:46:56 AM

Saturday, July 30, 2005 1:46:56 AM

Post# of 92
KLM Kermode Resources five-million-share private placement

2005-07-29 16:22 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 12, 2005, amended April 27, 2005, and amended July 18, 2005.

Shares: Five million

Purchase price: 20 cents per share

Warrants: 2.5 million share purchase warrants to purchase 2.5 million shares

Warrant exercise price: 25 cents for a one-year period; 25 cents in the second year

Placees: Four

Insider participation: RAB Special Situation (Master) Fund Limited, four million

Finder's fee: $80,000 payable to Ocean Equities Ltd.

T

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