NEWS out the day u posted I just this day noticed at NRs at cdnx.com I think that stockwatch.com did not even issu it out strange: NEW INFO not released, the PP ( I assume the way it is written is EPIX so does EPIX even have a symbol any MORE at CDNX? But this part is not on referance to a PP by CMG or is it not CMG - thoughts?) that was not allowed by the CDNX to go though, and finance this mine, I had called before the Phone Was Disconnected ( that 1919 at end new # was last week )to ask the old management if the 5 shares for one share was approved and it was said that the AGM businbess was and that a new negioations as of 2 weeks ago would have new mgt ...so..we wait ...no need to sell. LOL Afterall, the reserve is 200,000 tons at near a third an ounce PGMs, say what they actually said the words PT and PD LOL, that was and stillis THE PLAY for any future, IN MY OPINION.
Source MARKET NEWS
Date 10/19/2001
Time 06:24:03 AM
Company Conquistador Mines Ltd.
Title Consolidated Epix Unable to Execute the Option a
DMIS Processed No CDNX Symbol: CMG
Exchange: VSE Symbol: CMG
Exchange: Symbol:
Exchange: Symbol:
Press Release
Consolidated Epix Unable to Execute the Option and Joint Venture Agreement with
Conquistador Mines Ltd. ---> 1098@NEWS RELEASE
CONSOLIDATED EPIX TECHNOLOGIES LIMITED ("JPG.U-V")
CONQUISTADOR MINES LTD. ("CMG-V")
- Consolidated Epix Unable to Execute the Option and Joint Venture
- Agreement with Conquistador Mines Ltd.
Further to the Company's news releases dated June 5, 2001 and March 5,
2001, the Company advises that it was unable to conclude the special
warrant financing, and thus was unable to execute the option and joint
venture agreement with Conquistador Mines Ltd. Declining palladium and
platinum prices, the unwillingness of one of the underlying property owners
to re-negotiate the option payment schedule, the general state of the
exploration market, and the reluctance of the CDNX to approve the private
placement absent shareholder approval, were all factors that contributed to
a decision by the Company and the agent to abandon the financing.
The Company is pursuing other opportunities, but no agreements have
been reached.
The Company has been advised that Mr. Keith Guelpa and Mr. Harvey Lim
have tendered their resignations as directors, effective October 17, 2001.
TEL: (604) 682-3045 Lyle Davis, President
Consolidated Epix Technologies Limited
Email: ellardee@home.com
______________________________________
___________________________________________________________________
(c) Market News Publishing Inc. Tel:(604) 689-1101
All rights reserved. Fax:(604) 689-1106
MarketbyFax(tm) - To get the NEWS as it happens, call (604) 689-3041.
011019K4+4+000150
Chucka SMELLS like EPIX tried but filed as CDNX hurt them, but what do I know. Guesses out there? |
