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Gold/Mining/Energy : IBI CORP IBIC (CDN)

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To: Adrian Wade who wrote (307)6/28/1999 9:43:00 AM
From: Stocker  Read Replies (1) of 422
 
My guess would be that IBI would issue shares from treasury to account for the bank's new 15% ownership stake, but, there may be other ways of struturing the deal. These would be good questions for management since the company isn't likely to announce much detail about the funding.
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