News... found this on the NGG board...
I would have thought, we need our money for drilling ????????
anyone have any comments onthis!
New Guinea Gold 400,000 shares for bonus2008-02-20 16:21 ET - MiscellaneousThe TSX Venture Exchange has accepted for filing the company's proposalto issue 400,000 bonus shares and 400,000 bonus warrants exercisablefor two years at 60 cents to Vangold Resources Ltd., a TSX VentureExchange-listed issuer, in consideration of a loan of $2-millionbearing interest of 5 per cent per year.
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