National Grid ADR repsg 5 Ord Shs V.NGG

Primary Symbol: NGG Alternate Symbol(s): NGGTF

Utilities Utilities - Diversified

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.

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National Grid ADR repsg 5 Ord Shs

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Post by cecilhenryon Jul 29, 2010 2:42pm

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Post# 17307819

New Guinea Gold to Repay NMC Loan in Shares and Wa

Bad choice NGG for investors.

Where are the results???

VANCOUVER, BRITISH COLUMBIA, Jul 22, 2010 (MARKETWIRE via COMTEX) ----New Guinea Gold Corporation ("NGG" or the "Company") (TSX VENTURE: NGG)(FRANKFURT: NG8) announced that, following the renewal of EL 1091, (see Press release dated June 24, 2010), the Company elected to repay the outstanding $3 million loan to Normanby Mining Corp ("NMC") by issuing 26,610,723 units, each unit consisting of one common share and one warrant to NMC.

NGG will issue an additional 245,271 units to NMC in respect of interest owed on the loan.

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