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Bravo Gold Corp V.BVG

Metals & Mining Industrial Metals & Minerals
A mineral exploration company


TSXV:BVG - Post by User

Bravo Gold Corp > Bravada shares cost basis
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Comment by briton Apr 23, 2010 4:09pm
432 Views
Post# 17025845

RE: RE: Bravada shares cost basis

RE: RE: Bravada shares cost basisYou're quite correct ashcake.  Under the Canadian Tax Act the new Bravado shares will have an adjusted cost base of zero.

The downside is that your taxable capital gain will be .5 times whatever you eventually sell the new shares at.

Cheers,

Brit
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