Mandorin Goldfields MGD.V Message Board

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Gold/Mining/Energy : Mandorin Goldfields MGD.V

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To: rabbi who wrote (51)	3/24/1997 6:30:00 PM
From: ANDY KOVACS	of 633

Is this good or bad news????? Mandorin Goldfields Inc. MGD Shares issued 14,873,439 Mar 21 close $0.40 Mon 24 Mar 97 EOP Filed The company's preliminary EOP dated February 24 1997 has been filed with the VSE, and filed with and receipted by the BCSC. The preliminary EOP is for the conversion of special warrants into units, to be issued to the owners of the special warrants, as follows: Agent: Griffiths McBurney & Partners Offering: 2,087,000 units. Each unit consisting of 1.05 shares and one warrant to purchase an additional share for $1.50 until July 16 1997 and at $2.00 until July 16 1998. Price: $1.20 The company's preliminary EOP is also for the qualification of the distribution of 7,903,200 shares issuable upon the exercise of 7,903,200 previuosly issued exchangeable warrants. The warrants were issued on July 1 1996 at $1.11 per share. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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