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Published on 5/19/2006 in the Prospect News PIPE Daily.

New Issue: Saskatchewan Wheat Pool closes C$8 million stock sale

By Sheri Kasprzak

New York, May 19 - Saskatchewan Wheat Pool Inc. wrapped an C$8 million private placement of stock with Mitsui & Co.

Mitsui bought 1,046,627 shares at C$7.6436 each.

The proceeds from the deal will be used for general corporate purposes.

Based in Regina, Sask., Saskatchewan Wheat Pool markets grain-handling and other agricultural products.

Issuer:Saskatchewan Wheat Pool Inc.
Issue:Stock
Amount:C$8 million
Shares:1,046,627
Price:C$7.6436
Warrants:No
Investor:Mitsui & Co.
Settlement date:May 19
Stock symbol:Toronto: SWP
Stock price:C$7.80 at close May 19

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