GREY:CCNMF - Post by User
Comment by
North4ston May 13, 2011 2:55pm
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Post# 18573898
RE: Callinex Mines Inc.
RE: Callinex Mines Inc.Callinan Mines Limited to be renamed as "Callinan Royalties Corporation". Callinex shares to be issued as 1 share for every 4.5 original Callinan Mines Limited share.
The royalty corporation retains:
- 777 Mine royalty
- War Baby propoerty
- interest in the Hudbay lawsuit
Callinex with hold all the exploration assets::
- Coles Creek
- Gossan Hill
- AND $8mil in cash
North4st