ST. ANDREWS SAS t. Message Board

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Gold/Mining/Energy : ST. ANDREWS SAS t.

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From: specking	5/2/2007 9:20:23 AM
	of 105

St Andrew rights offering 2007-05-01 21:12 ET - Rights Offering TSX bulletin 2007-0574 Rights symbol: SAS.RT Rights Cusip No.: 787188 18 4 Shareholder entitlement: 1.9 rights for each common share held on the record date Terms of the rights: One right for one unit at $1 per unit Expiry time: 4 p.m. (Toronto Time), May 31, 2007 Ex rights date: May 3, 2007 Record date: May 7, 2007 Designated market-maker: W.D. Latimer Co. Ltd. Holders of common shares of record as of the close on Monday, May 7, 2007, will be granted the right to subscribe for one unit of the company for every 1.9 common shares held on such record date at a subscription price of $1 per unit. The rights are evidenced by transferable rights certificates registered in the names of holders of common shares of record on the record date on the basis of 1.9 rights for each common share, one right entitling the holder to subscribe for one unit at $1 per unit. The rights will expire at 4 p.m. (Toronto time) on May 31, 2007.

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