GREY:ELCGF - Post by User
Post by
perky38on Aug 28, 2003 4:09pm
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Post# 6362500
More Dilution
More DilutionElectra Gold has agreed to acquire the Lang Bay Kaolin Deposit in exchange for 500,000 common shares in its capital stock, 350,000 of these common shares will be issued to Mr. Johan T Shearer and the balance of 150,000 common shares will be issued to Mr. Douglas Stelling. Both Mr. Shearer and Mr. Stelling are members of Electra Gold's Board of Directors. The transaction is scheduled to close on Wednesday, September 3, 2003.
https://biz.yahoo.com/cnw/030828/electra_gold_kaolin_1.html