Ted J. Fostey announced today that he has acquired an aggregate of 309,125 common shares of Cypress Hills Resource Corp. at a price of $0.07 per share for an aggregate purchase price of $21,638.75 . Fostey acquired the securities pursuant to the closing of a private placement of 10,000,000 common share of the Corporation at a purchase price of $0.07 per share for gross proceeds of $700,000 . Prior to the Acquisition [...]
Cypress Hills Resource Corp. is pleased to announce that it closed its previously announced non-brokered private placement of 10,000,000 common shares in the capital of the Corporation at a purchase price of $0.07 per Common Share for gross proceeds of $700,000 . The gross proceeds of the Offering will be used for asset evaluations, debt repayment and general working capital. No commission, finder's fee or similar [...]
Cypress Hills Resource Corp. announces a non-brokered private placement of up to 10,000,000 shares at the price of $0.07 each for total proceeds of $700,000. The net proceeds of the Private Placement will be used for asset evaluations, debt repayment and general working capital. Closing of the Private Placement is subject to the receipt of all applicable regulatory and board approvals. For further information on the [...]
Cypress Hills Resource reports that it proposes to change its name to "Tanner Ventures Inc.", or such other name as the Board of Directors may approve, and to consolidate its common shares on the basis of one (1) new common share for up to a maximum of every five (5) old common shares. There are currently 9,961,965 common shares outstanding and, following the consolidation (if at a 5:1 ratio), there will be approximately [...]