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Northaven Resources Corp. — Share Issue/Capital Change 1997
Oct 8, 1997
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Download source fileMATERIAL CHANGE REPORT
Pursuant to: Section 67(1)(b) of the Securities Act (British
Columbia)
Section 118(1)(b) of the Securities Act (Alberta)
Section 75(2) of the Securities Act (Ontario)
Section 81(2) of the Securities Act (Nova Scotia)
The Securities Act (New Brunswick)
Item 1. Reporting Issuer
Patrician Gold Mines Ltd.
Suite 206 - 210 Centrum Boulevard
Orleans, Ontario
K1E 3V7
Item 2. Date of Material Change
October 7, 1997
Item 3. Press Release
The Press Release was issued October 7, 1997 in Orleans, Ontario, transmitted through Canada News Wire Service on October 7, 1997 and was filed electronically through SEDAR as Project No. 00041530.
Item 4. Summary of Material Change
Patrician Gold Mines Ltd. announces $170,000 private placement to Robin
Dow, President and Director (750,000 Shares) and James Wood, Director
(100,000). Robin Dow will control, on a fully diluted basis, 13% of Patrician.
Item 5. Full Description of Material Change
$170,000 Private Placement Closes
Orleans, Ontario: Patrician Gold Mines Ltd. ("Patrician") advises today that on 30 September 1997 it closed a private placement for $170,000 with two Directors of the company. Robin Dow, President and Director subscribed for $150,000 and James Wood, Director subscribed for $20,000. The issue consisted of 850,000 units at $0.20 per unit. Each unit consists of one common share and one share purchase warrant. The warrant is exercisable at $0.20 to 7 February 1999. As a result of the subscription Robin Dow will control, on a fully diluted basis, including stock, options and warrants, 13% of Patrician. Dr. Wood will hold less than 10%. There are currently 11,990,670 common shares outstanding, 15,116,220 shares on a fully diluted basis.
For further information please contact:
Robin Dow
HBA, MBA, FCSI Website: www.goldcorner.com
President
Phone: (888) 834-7708 E mail: [email protected]
Fax: (613) 834-7827
Item 6. Reliance on Section 67(2) of the Securities Act (British Columbia); Section 118(2) of the Securities Act (Alberta); Section 75(3) of the Securities Act (Ontario), Section 81(2) of the Securities Act (Nova Scotia).
CONFIDENTIALITY IS NOT REQUESTED.
Item 7. Omitted Information
No information has been omitted in respect to the material change.
Item 8. Senior Officer
Mr. Robin Dow
President
Patrician Gold Mines Ltd.
(613) 834-7088
Item 9. Statement of Senior Officer
The foregoing accurately discloses the material change referred to herein.
DATED at Orleans, Ontario, this 8th day of October, 1997.
PATRICIAN GOLD MINES LTD.
Per: “Signed: Robin Dow”
Robin Dow
President
IT IS AN OFFENCE FOR A PERSON TO MAKE A STATEMENT IN A DOCUMENT REQUIRED TO BE FILED OR FURNISHED UNDER THE ACT OR THIS REGULATION THAT, AT THE TIME AND IN LIGHT OF THE CIRCUMSTANCES UNDER WHICH IT IS MADE, IS A MISREPRESENTATION.
Note 1: This form is intended as a guideline. A letter or other document may be used if the substantive requirements of this form are complied with.
Note 2: Where this report is filed on a confidential basis put at the beginning of the report in block capitals "CONFIDENTIAL - [ ]" (section 67 Securities Act British Columbia; section 118 Securities Act Alberta; section 84 Securities Act 1988 Saskatchewan; section 74 Securities Act Ontario; section 74 Securities Act Quebec and section 61 Securities Act Nova Scotia)
Note 3: In Alberta, the date(s) and the stock exchange(s) where the material change is
filed pursuant to section