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Message: Message by Markvrd on a different KXL BB

Message by Markvrd on a different KXL BB

posted on Nov 08, 2007 04:43PM

Hope he doesn't mind me borrowing it, Thanks


Got this from IR this evening. It seems that the PP is ALREADY filled and oversubscribed by 15 million. I think this means perhaps we can expect an early close of the placement as the filing paperwork catches up with the dollars flowing in.

Here's the email. Wonderful news! This happened on really lousy days on the market as well.
Cheers,
Mark

that email---->

Mark,

In regards to your question about the financing, it was fully filled and oversubscribed by an additional $15 million within 24 hours of the first news release announcing the placement. Many people had to be turned away from the deal.

If you have any questions or comments, please do not hesitate to call me at 604-688-9006.

Yours truly,

Eryn Lackie, BBA (Hons.)
Corporate Communications

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