| Pacific Bay Investor Update | |
| | |
|
VANCOUVER, BC / ACCESSWIRE / May 20, 2015 / David H. Brett, President and CEO, Pacific Bay Minerals Ltd. (PBM.V) (the "Company") reports that the Company will shortly be reinstated for trading on the TSX Venture Exchange. A review of the Company's disclosures by the TSX Venture reviewed that the following updates are required.
The investor relations agreement with Calibre Communication Corp. announced August 1, 2014 terminated October 31, 2014 after the three month term. The 100,000 stock options related to that contract are not in effect.
The $70,000 private placement of common share units announced October 23rd, 2014 closed December 22, 2014 with the issuance of 1,400,000 shares at $0.05 per share (subject to a hold period expiring April 23rd) 2014 and 1,400,000 warrants whereby each warrant entitles the holder to purchase one share at $0.10 per share for one year. Also on December 22nd, 2014 the Company closed a $50,000 placement of flow-through units, originally announced June 9, 2014, whereby each unit consists of one flow through share (hold period expiring April 23rd, 2015) and one warrant to purchase a non flow through share at $0.10 per share for one year.
Pacific Bay Minerals Ltd.
David H. Brett, MBA,
President & CEO
604-682-2421
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Pacific Bay Minerals Ltd.
|
|
|
Pacific Bay Minerals LTD.
|
|
EXPLORATION STAGE |
CODE : PBM.V |
|
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Pacific Bay is a silver and gold exploration company based in Canada. Pacific Bay holds various exploration projects in Canada. Its main exploration properties are TY, MONT-LAURIER, AX SILVER, HASKINS-REED, CRAZE CREEK and OTISH MOUNTAINS URANIUM in Canada and CERRO SOLO CLAIMS and REGALO in Argentina. Pacific Bay is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 1.2 millions as of today (US$ 960 142, € 841 085). Its stock quote reached its highest recent level on March 02, 2007 at CA$ 3.60, and its lowest recent point on August 18, 2023 at CA$ 0.01. Pacific Bay has 34 310 000 shares outstanding. |