TSX:SGR.UN - Post by User
Comment by
halcroon Apr 16, 2015 11:57am
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Post# 23636455
RE:news release from Stockwatch
RE:news release from Stockwatchhalcro wrote: 2015-04-16 02:21 ET - News Release
An anonymous director reports
Gold obtained from this process will be used to finance the costs related to maintaining the company's Rice Lake assets as it completes the continuing sales and investor solicitation process.
We seek Safe Harbor.
It would seem that the company expects to end Phase 1 of the sales and investor solicitation process on schedule, which is April 27, 2015. ]
"Phase I of the SISP is scheduled to expire on April 27, 2015 with the deadline to submit non-binding Letters of Intent" (Fourth report to the Court, dated March 23, 2015).