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Malaga Inc MLGAF

Malaga Inc. is a mining company. The company, through its subsidiaries operates tungsten mine and gold plant with mining and exploration activities focused in Peru. The operations, exploration and development activities on the Pasto Bueno Property are located in the Ancash Department, Central Peru. The company also owns and operates in a hydroelectric asset. The company owns 100% of the property, including all surface rights. The company processes the ore from its own mine.


GREY:MLGAF - Post by User

Comment by velkyon May 10, 2013 7:01pm
217 Views
Post# 21365160

RE: bid 0?

RE: bid 0?

Crazy.... Website down again, 3rd largest volume active on TSX at 0.005/share.  Assets marked at $34million in 2012, $18 million in 2013.  Around $16 maximum liabilities worst case.   

From Annual Information form on SEDAR:
CAPITAL STRUCTURE
The Company is authorized to issue an unlimited number of common shares without par value. There were 183,675,176 common shares issued and outstanding as at December 31, 2012.  Each common share is entitled to one vote. The holders of common shares have the right to receive dividends if, as and when declared by the board of directors. In the event of the liquidation, dissolution or winding-up of the Company, whether voluntary or involuntary, or any other distribution of its assets among its shareholders for the purpose of winding-up its affairs, the holders of the common shares are entitled to receive the remaining property and assets of the Company pro rata according to the number of common shares held. 

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