Canadian Underwriter

Anthony Clark announces private placement (January 22, 2004)

January 22, 2004   by Canadian Underwriter

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Calgary-based Anthony Clark International Insurance Brokers Ltd. (TSX: ACL, NASDAQ: ACKBF) is planning a non-brokered private placement of up to 468,750 units priced at $1.28 each, for total gross proceeds of $600,000.
Each unit contains one common share and one share purchase warrant the warrant entitles the holder to purchase a further common share for $1.60 until February 10, 2006.
"The net proceeds from the private placement will be used for working capital purposes," states an Anthony Clark press release.

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