SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Richard Chowning who wrote (329)4/9/1997 6:47:00 PM
From: Mr.Staya  Read Replies (1) of 751
 
Maximum Resources Inc - Acquisition

Maximum Resources Inc
MXR
Shares issued 9914948
1997-04-08 close $0.37
Wednesday Apr 9 1997
Acquisition
The VSE has accepted for filing an agreement dated February 28 1997 between
Maximum Resources Ltd and Last Frontier Oil Company Inc (a public co, whose
principals are Larry Regis Jr, L. Philip Price and Jack Ginn) whereby Maximum
will acquire a 20% working interest in claims known as the Mina Claudia project,
Third Region of Atacama, Chile by participating in the joint venture. Consideration
for the acquisition is $10 and the issuance of 100,000 shares. Maximum has
agreed to contribute to the joint venture 25% of all monies expended on the
development of the property up to and including the earlier date of a full bankable
feasibility study or commercial achievement. At the conclusion, Maximum's
contributions shall revert to that constituted by its joint venture interest.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext