So today we note that Ernesto is upping his stake in Animas Resources (ANI.v), buying in for the second time (at least) into this explorer doing Mexico and taking up over half the latest 35c placement: Here's the paste from the page:
ANIMAS RESOURCES LTD. ("ANI")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: May 18, 2010
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to
a Non-Brokered Private Placement announced April 7, 2010:
Number of Shares: 4,000,000 shares
Purchase Price: $0.35 per share
Warrants: 2,000,000 share purchase warrants to purchase
2,000,000 shares
Warrant Exercise Price: $0.55 for a one year period for an 18-month
period.
Number of Placees: 22 placees
Insider/Pro Group Participation:
Insider equals Y/
Name ProGroup equals P/ No. of Shares
Gary Bogdanovich P 100,000
Ernesto Echavarria Y 2,294,500
Brenda Howard P 100,000
Pacific Opportunity
Capital Ltd. (Mark T.
Brown & Family) Y 300,000
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company
must issue a news release announcing the closing of the private placement and
setting out the expiry dates of the hold period(s). The Company must also
issue a news release if the private placement does not close promptly. Note
that in certain circumstances the Exchange may later extend the expiry date of
the warrants, if they are less than the maximum permitted term.
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