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 BigBallerson Mar 10, 2010 3:51pm

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Post# 16867403

Internal Resource Calculation

Just to notify some people. Wilf is meeting with some institutions this coming Thursday and Friday.

Not too sure how this could affect SP.

But it also means the internal resource will be delayed since Wilf is the one that will triple check the Internal Resource Calculation before going to the next stage in the process. This calculation will be in compliance with the 43-101, so there is no need to worry about any securities being violated.

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