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Comet Industries Ltd

CMU.V

Latest Trade

3.75CAD

Change

-0.25(-6.25%)

Volume

1,000

Today's Range

3.75

 - 

3.75

52 Week Range

2.00

 - 

4.00

As of on the TSX Venture Exchange ∙ Minimum 15 minute delay

Latest Developments

Comet Industries Ltd Arranges $140,000 Private Placement-Canada Stockwatch News

Canada Stockwatch News reported that Comet Industries Ltd. is seeking agreements to privately sell 50,000 shares at $2.80 per share, for which it will receive proceeds of $140,000. The placements are subject to final documentation and acceptance for filing by the TSX Venture Exchange.

Comet Industries Ltd Announces Closing Of Private Placement

Comet Industries Ltd announced that it has received final approval from the TSX Venture Exchange for – and has closed - its Private Placement of 330,000 Shares at a price of $0.50 per Share – on a Non-Brokered basis. There are no warrants attached to the Shares. The Company has received proceeds of $165,000 from the Placees. The Shares shipped to the Placees will be subject to holding periods which will expire July 7, 2004.

Comet Industries Ltd Announces Private Placement

Comet Industries Ltd announced that the Company has entered into private placement agreements to sell 330,000 shares of the Company, at $0.50 per share, to provide the Company with proceeds of $165,000. Two of the placees are Company directors – Burton Wiley and Carl R. Jonsson, each of whom will be buying 40,000 shares. The shares will not have share purchase warrants attached to them. The proceeds will be used for the payment of the costs of diamond drilling on the Onion Zone of the Company’s Kamloops area claims – estimated costs approximately $65,000; accrued taxes on the Company’s Kamloops area 188 acres of surface lands – approximately $30,000; accrued accounts payable – approximately $25,000; with the balance being retained as working capital.

Comet Industries Ltd Announces Private Placement

Comet Industries Ltd announced that the Company has entered into private placement agreements to sell 250,000 shares of the Company, at $0.50 per share, to provide the Company with proceeds of $125,000. The shares will not have share purchase warrants attached to them. The placements are subject to final documentation and acceptance for filing by the TSX Venture Exchange.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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