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

Bullboard Posts

Comment by BigBallerson Mar 24, 2010 2:32pm

203 Views

Post# 16919684

RE: RE: RE: I think I got it right!

Also to add on to this.. if they are able to get some good grades and go over a buck or so from the next drill..... expect the warrants that expire in Aug 2010 to be exercised.

That would mean another 2.5mil in the bank.

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Visionstate set to leverage success in the U.S. market