Penbar Capital Ltd V.PEM

Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.

TSXV:PEM.P - Post by User

Penbar Capital Ltd

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Post by megabidon Jan 15, 2011 1:39pm

379 Views

Post# 17977856

CHROME MOUNTAIN METALS

It is no secret that PEM is going to spin-off their Montana holdings into a new company, named above.

Does anybody know how many shares of the new company each shareholder of PEM will receive??

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