There you have it. Burlingame Asset Management LLC picked up 20,000,000 shares.
Falcon Oil & Gas 87,049,999-share private placement
2011-04-14 16:29 ET - Private Placement
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Nov. 24, 2010, and Jan. 11, 2011:
Number of shares: 87,049,999 shares
Purchase price: 15 cents per share
Warrants: 65,287,500 share purchase warrants to purchase 65,287,500 shares
Warrant exercise price: 18 cents for a three-year period
Hidden placees: five placees
Insiders:
Burlingame Asset Management LLC (Blair Sanford) 20 million,
Ruby Blue Ltd. (Igor Akhemerov) 38 million
Gregory Smith 400,000
Robert Macaulay 300,000
Daryl Gilbert one million
Roderick Wallis 250,000
John Craven 500,000
Finder's Fee: $149,100 payable to Mueller & Co. LLC
http://infoventure.tsx.com/TSXVenture/TSXVentureHttpController?GetPage=NoticesContents&PO_ID=37598&NOTICE_ID=162260&CORRECTION_FLG=N&HC_FLAG1=checked