Vancouver, BC, April 8, 2005--Peer 1 Network Enterprises, Inc. today announced the closing of a non-brokered private placement previously announced on March 16, 2005. 4,750,000 common shares priced at $0.28 per common share were issued for gross proceeds of $1,330,000. All securities issued are subject to a four month hold period to August 9, 2005, in accordance with TSX Venture Exchange policy and applicable securities laws.
The subscriber to the offering, Werner K. Paulus, a director of Peer 1, acquired the 4,750,000 common shares issued.
Vancouver, BC, March 17, 2005--Peer 1 Network Enterprises, Inc. (TSX VENTURE:PIX), a leading provider of high-performance Internet infrastructure, today announced a non-brokered private placement of up to 5 million shares priced at $0.28 per common share. This transaction is subject to regulatory approval.
The proceeds of this private placement will be used for general working capital requirements.
About Peer 1 Network
Vancouver, BC, March 3, 2005--Avcorp Industries Inc. (AVP on the Toronto Stock Exchange) announced it has arranged a private placement of up to 9,500,000 units at a price of $0.25 per unit, to raise gross proceeds of $2,375,000.
Vancouver, BC, February 21, 2005--Discovery Capital Management Corp., manager of British Columbia Discovery Fund (VCC) Inc., announced that the Fund has made an investment commitment of up to $2,000,000 to Mobidia Technology Inc., a wireless technology company located in Richmond, B.C. As part of its commitment, BCDF has fully funded the initial seed round investment of $500,000.
Richmond, British Columbia, January 20, 2005 - James L. Swanson, Chairman, CON-SPACE Communications Ltd., (TSX-V: CCB), (http://www.con-space.com), announced today that the Company has entered into a financing agreement with Acumen Capital Finance Partners Limited, in which Acumen has agreed to offer on a commercially reasonable best efforts basis 1.0 million units of the companies equity at a price of $1.00 per unit for a total gross proceeds to the company of $1,000,000.
Pender Growth Fund, Working Opportunity Fund and Pacific Venture Fund invest in the future of IP Network Solutions
Vancouver, BC, January 17, 2005--Chromos Molecular Systems Inc. ("Chromos"; TSX: CHR) announced today that it has completed the private placement of 2,215,085 units at $0.48 per share for total gross proceeds of $1,063,241. Each unit consists of one common share and one-half on one common share purchase warrant.