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Columbia Metals - TSX-V: COL


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I think it is cheap. But it will take awhile to build a shareholder base, and some news too.

 

Fortunately, news is coming.

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  • 3 weeks later...

Up 7.5cents to 49cents yesterday: chart

 

Rising volume too, but still in the moderate range

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  • 2 months later...

Offer now at 23c!

 

Found this old bit of news. (Which I find rather surprising). Do you know Transglobe, Bubb? Are they different to Union Securities?

 

 

FOR IMMEDIATE RELEASE TSX Venture Exchange

July 18, 2006 Symbol: COL

Shares Outstanding: 57,241,427

 

COLUMBIA ANNOUNCES CLOSING OF A $733,500 PRIVATE PLACEMENT FINANCING

 

Columbia Metals Corporation Limited (TSX-V: COL) is pleased to announce the closing of an expedited private placement financing. Under the private placement financing, gross proceeds of $733,500, representing 1,630,000 units at a price of $0.45 per unit have been received. Each unit is comprised of one common share and one half of one common share purchase warrant of Columbia. Each whole common share purchase warrant is exercisable for one Columbia common share at $0.60 per common share up to and including January 18, 2008.

 

Columbia intends to use the proceeds of the private placement financing for general working capital, development work on Columbia’s properties in Mexico as well as new property acquisitions.

 

Transglobe Financial Advisors Inc. has received a finder’s fee in the amount of $73,350.00.

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