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Eagle Plains Resources Ltd V.EPL

Alternate Symbol(s):  EGPLF

Eagle Plains Resources Ltd. is a Canadian based mineral exploration company operating in Western Canada exploring for gold, critical-metals, uranium, lithium, rare earth elements and industrial minerals. Its business is engaged in acquiring grassroots critical-and precious-metal exploration properties. Its projects include Acacia Project, Iron Range Project, Kalum Project, Vulcan Project, Cathro Project, Knife Lake Project, Olson Project, Schotts Lake, Dictator Project, and Elizabeth Lake Project, among others. The Acacia Project is located 60 kilometers (km) NE of Kamloops, British Columbia (BC) and cover approximately 4857 hectares (ha). The Iron Range Property is located one km NE of Creston in SE B.C and covers 70,473 ha. The Kalum Property is located 35 km NW of Terrace, BC. The Vulcan Property is located 30 km NW of the historic Sullivan Mine at Kimberley, British Columbia. The Elizabeth Lake Project cover an area of 1266 ha and are located 21 km north of La Ronge, Saskatchewan.


TSXV:EPL - Post by User

Bullboard Posts
Post by currency24on Apr 25, 2013 9:28pm
110 Views
Post# 21304073

EPL Large Shareholder FNR Continues $$ Issues

EPL Large Shareholder FNR Continues $$ Issues

EPL Large Share HOlder, 49 North, FNR, continues to have $$$$  Issues, their proposed restructure Debenture Plan, Plan #1, appears to have run into strong opposition and yesterday FNR proposed, Plan # 2, a New Plan, with the suggestions more changes/plans are forthcoming. 

FNR is unable to raise funds and with the Debenture situation/problems it could cause issues with FNR's current asset holdings, if they need cash, in my humble opinion, as well as FNR cannot be counted on to add or participate in fund raisings by companies. 

I suggest you go to FNR website and read the Press Releases for yourself.

All the above in my humble opinion. Once again go to FNR's press releases and read them.

 

 

Bullboard Posts