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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: MrsNose who wrote (10064)11/11/2002 10:03:24 AM
From: Al Collard   of 11802
 
GTG.b-t... In the News:

Globe says GT Group cleared to accept leading bid
GT Group Telecom Inc GTG
Shares issued 80,975,071 Nov 8 2002 close $ 0.05
Monday November 11 2002 In the News
The Globe and Mail reports in its Saturday, Nov. 9, edition that GT Group Telecom has received approval from the Ontario Superior Court of Justice to accept the leading bid received during its merger and acquisition process. The Globe's Briefing column reports that GT Group Telecom, which is operating under bankruptcy protection, said it has also received approval to enter into an exclusivity agreement with the leading bidder that expires Nov. 15. Group Telecom said it also received an extension of protection under the Companies' Creditors Arrangement Act until Dec. 11.
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