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« Back to news list... News Release Madison Enterprises Corp. (“Madison”) is pleased to announce that the private placement which was announced November 29, 2000 has closed. A total of 733,137 common shares at a price of $0.21 per share were issued to generate net proceeds of C$153,959. The securities issued is subject to a four month hold period and cannot be traded until June 1, 2001. The proceeds from this placement will be used to fund a due diligence review of a potential mineral property acquisition.
On behalf of the Board of Directors of
"Chet Idziszek" |
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