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Published on 2/23/2007 in the Prospect News PIPE Daily.

New Issue: Ballyliffin Capital plans C$1.6 million PIPE

By Sheri Kasprzak

New York, Feb. 23 - Ballyliffin Capital Corp. negotiated the terms of a C$1.6 million private placement.

The non-brokered deal includes up to 16 million shares.

Proceeds will be used for the pursuit of a qualifying transaction.

The deal is set to close within two weeks.

Calgary, Alta.-based Ballyliffin is a capital pool company.

Issuer:Ballyliffin Capital Corp.
Issue:Stock
Amount:C$1.6 million
Shares:16 million
Price:C$0.10
Warrants:No
Placement agent:Non-brokered
Pricing date:Feb. 23

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