Shore Gold Inc. - Filing Of Prospectus Amendment
Stock Symbol: SGF: CDNX
SASKATOON, SK, April 11 /CNW/ - Kenneth E. MacNeill, Chairman and C.E.O. of Shore Gold Inc. (the "Corporation"), is pleased to announce on behalf of the Board of Directors that the Corporation has filed an amendment (the "Amendment) to its final prospectus dated November 27, 2001 (the "Prospectus") with the securities commissions in each of the Provinces of British Columbia, Alberta, Saskatchewan, Manitoba and Ontario and that a decision document evidencing the final receipt of such commissions was issued on April 10, 2002. The Amendment primarily provides for: (i) the incorporation of the Corporation's December 31, 2001 financial statements; (ii) a change in the price per Series A Unit to $0.85, the price per Series B Unit to $1.00 and the exercise price attaching to each full Warrant offered thereunder to $1.00; and (iii) the amendment of the flow-through provisions of the Series B Units in order to allow for flow-through benefits to relate to the 2002 taxation year. Shore Gold Inc. is a Canadian-based corporation engaged in the acquisition, exploration and development of mineral properties. Shares of the Corporation trade on the Canadian Venture Exchange under the trading symbol "SGF". "The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release." |