John, these were what I saw today:
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Reclamation Management Ltd -
Reclamation Management halted at 7:14 a.m. PT
Reclamation Management Ltd RMLL
Shares issued 101,261,627 1999-07-30 close $0.095
Tuesday Aug 3 1999
Trading was halted at 7:14 a.m. PT, Aug. 3, 1999, pending an
announcement.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
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Reclamation Management Ltd -
Reclamation Management resuming after preopen
Reclamation Management Ltd RMLL
Shares issued 101,261,627 1999-08-03 close $0.09
Wednesday Aug 4 1999
Trading will resume after the preopen on Aug. 4, 1999, an
announcement having been made.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
old url (better for printing)
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Reclamation Management Ltd -
Reclamation receives proposal from Hilips e-Commerce
Reclamation Management Ltd RMLL
Shares issued 101,261,627 1999-07-30 close $0.095
Tuesday Aug 3 1999
Mr. Cir Boinstree reports
Hilips e-Commerce PLC has submitted a proposal to the board
of directors of Reclamation Management Limited with the
objective of negotiating an agreement to acquire, in a cash
transaction, the remaining 92 per cent of shares of
Reclamation Management Limited that it doesn't already own at
a price of $17.7-million (GBP) british pounds/$43.6-million
(Canadian) or 40 cents per share in cash.
"This proposed acquisition is consistent with our strategy of
looking for acquisitions, which strengthen the existing
portfolio of the company, and also strengthen our presence in
the European Internet market," said Cir Boinstree, president
and chief executive officer of Hilips e-Commerce PLC. "We are
very excited about the opportunity to add Reclamation
Management Limited and its outstanding technology, expertise
and talented employee base as a cornerstone of our growth
strategy for Hilips e-Commerce PLC, U.K., in Europe."
"With complementary technology and almost no overlap,
Reclamation Management Limited (Euro-net Investments Limited)
will be a platform for Hilips e-Commerce PLC, U.K., further
expansion in Europe and an important element of our strategy
to be a leading global supplier of Internet services
technology in Europe," added Arthur van der Piil,
vice-president of Hilips e-Commerce PLC, U.K.
Hilips e-Commerce PLC, U.K., is privately held company of the
Boinstree family of London, England. Hilips e-Commerce PLC,
U.K., and other subsidiaries employ 400 people in the United
Kingdom and Ireland.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
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