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

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From: specking5/2/2007 3:38:14 PM
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St Andrew rights offering correction

2007-05-02 15:24 ET - Rights Offering

The following trader note was issued by the Toronto Stock Exchange at 2:19 p.m. on May 2, 2007.

Shareholders of record at the close on May 7, 2007, will be granted the right to subscribe for 1.9 units of the company for every one common share held, not one unit for every 1.9 common shares held stated in the TSX bulletin 2007-0574 dated May 1, 2007. Shareholders will receive 1.9 rights for each common share held at the record date, one right entitling the holder to subscribe for one unit at $1 per unit. Each unit will comprise one common share and one-half warrant, each full warrant exerciseable for 18 months from May 31, 2007, at $1.25 per share.
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