CLOSING OF PRIVATE PLACEMENT November 19, 2003 The Company is pleased to announce that it has closed its private placement of 3,464,867 units for total proceeds of $415,784. Each unit consists of one common share and one-half of one common share purchase warrant. One whole common share purchase warrant entitles the holder to purchase one common share at a price of C$0.16 per share up to November 19, 2004.  The shares issued are subject to a hold period of 4 months and cannot be traded in Canada until March 19, 2004.   | more Press Releases | Home |