Donner Minerals (DML.V) Message Board

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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: Graystone who wrote (391)	10/20/1997 10:40:00 PM
From: Eric Tai	of 11676

Graystone, It is definetly a good thing that Teck excercised the A warrant at $2.00 a share. But the main reason Teck had to excercise the A warrant on Oct 18, 1997 is that when Donner closed the deal with Teck on Oct 18, 1996 regarding the sale of 1.4 million units (which contains common shares, warrant A and B), the condition is that Teck has to excercise the warrant A within a one year time frame. So Teck must excercise the warrant A on Oct 18, 1997 otherwise it will expire. That's what it did. Anyway, it is really feeling good to see Donner finally shoot up after more than a year of waiting.

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