TSX:DA.DB.A - Post by User
Comment by
Rbmacon Sep 26, 2007 11:47am
341 Views
Post# 13471520
RE: NR - Purchase of Discovery Mining Services
RE: NR - Purchase of Discovery Mining ServicesWell, $2.5 million less assuming a $1.50 per common. That's somewhat better.
Discovery Air sets record straight on takeover terms
2007-09-25 18:31 ET - News Release
Mr. Wade MacBain reports
DISCOVERY AIR CORRECTS RELEASE REGARDING PURCHASE PRICE OF DISCOVERY MINING
Earlier today, Discovery Air Inc. issued a press release in Stockwatch stating that the company had signed a letter of intent to purchase the shares of Discovery Mining Services Ltd. In error, the release stated that the purchase price was $5-million cash and five million common shares of Discovery Air. The purchase price should have been stated as $5-million cash and $5-million in common shares of Discovery Air. A corrected release is posted on SEDAR and on Discovery Air's website.