NYSEAM:BQI - Post by User
Comment by
Wheeler44on Aug 31, 2006 11:02am
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Post# 11300273
RE: The Largest Known Oil Reserves In The World -
RE: The Largest Known Oil Reserves In The World - The Largest Known Oil Reserves In The World -
CanWest Petroleum Corporation Rings the Opening Bell -
American Stock Exchange Events
August 29, 2006
The members and employees of -
The American Stock Exchange welcome -
CanWest Petroleum Corporation (BQI) -
as they ring the Opening Bell -
---
Creating the World's Premier Gold Mining Company -
8/31/2006
TORONTO, ONTARIO, Aug 31, 2006
(MARKET WIRE via COMTEX News Network) --
Goldcorp Inc.
(TSX: G)(NYSE: GG)
and
Glamis Gold Ltd.
(TSX: GLG)(NYSE: GLG)
announced today that they have agreed to combine -
in a US$21.3 billion transaction to create one of -
the world's largest gold mining companies.
The new company will continue under the name Goldcorp Inc.
Under the terms of the transaction, which is structured as
a Plan of Arrangement, Glamis' common shareholders will exchange
each Glamis share for 1.69 common shares of Goldcorp,
representing a value of US$51.49 per share based upon
the closing price of Goldcorp on August 30, 2006.
This represents a premium of 32.7% to the closing price of
Glamis' shares on the TSX on August 30, 2006
and 34.8% to the 20 day volume weighted average
trading price of Glamis' shares on the TSX.
https://www.investorshub.com/boards/quotes.asp?ticker=t.g&qm_page=52261&qm_symbol=T.G
https://www.investorshub.com/boards/board.asp?board_id=5456