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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Post by tooclassyon Jun 13, 2007 1:40pm
147 Views
Post# 12937177

SST receives $20M from exercise of warrants

SST receives $20M from exercise of warrantsSilverstone Receives $20 Million Through the Exercise of Warrants VANCOUVER, BRITISH COLUMBIA, Jun 13, 2007 (MARKET WIRE via COMTEX News Network) -- Silverstone Resources Corp. ("Silverstone") (TSX VENTURE: SST) is pleased to announce that to date it has received $20 million through the exercise of 11.1 million warrants. Each warrant was exercisable into one common share at an exercise price of $1.80 per share. There were 13.3 million warrants that were issued in June 2006 and expired on June 2007. Additional warrant exercises are currently being processed. Silverstone's cash balance is $27 million. On June 6, 2007 Silverstone announced that it had secured US$40 million in debt financing with Scotia Capital Inc. in connection with the Lundin Mining silver transaction. As a result of the recent warrant exercises, Silverstone has reduced the amount of debt needed to close the Lundin silver transaction to US$25 million. ABOUT SILVERSTONE Silverstone is a growth oriented silver mining company with 100% of its revenue from silver production. Silverstone expects to have 2007 silver sales of approximately 1.0 million ounces and increasing to 3 million ounces by late 2009. More information is available online at: www.silverstonecorp.com. The TSX Venture Exchange has neither approved or disapproved of the contents herein. Contacts: Silverstone Resources Corp. Chris Tomanik (604) 637-8151 (604) 688-2180 (FAX) Email: ctomanik@silverstonecorp.com Website: www.silverstonecorp.com SOURCE: Silverstone Resources Corp. mailto:ctomanik@silverstonecorp.com https://www.silverstonecorp.com Copyright 2007 Market Wire, All rights reserved.
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