Anyone know what this means for us??
Attention Business Editors:
Notice of sale of assets, United Keno Hill Mines Limited and UKH Minerals
Limited (the ``Corporations')
WHITEHORSE, Feb. 16 /CNW/ - On February 15, 2000, the Supreme Court of
the Yukon Territory approved the marketing plan proposed by certain
creditors
of the Corporations to sell the mining claims and leases owned by the
Corporations comprising the United Keno Hill mine and all the assets on the
mine site, located in the Mayo, Elsa and Keno area of the Yukon Territory
(the
``Mine').
The Court has ordered that potential purchasers be given until March
31,
2000 to review technical data and to submit a proposal for the purchase of
the
Mine.
Technical data on the Mine can be obtained by contacting Mattanda
Resources Ltd., attention Nick Poushinsky, phone 604-669-1822, fax
604-669-1898 or Watts Griffis and McOuat, attention Dan Redmond, phone
416-364-6244, fax, 416-864-1675.
Written proposals to purchase the Mine should be submitted by March 31,
2000 to Preston Willis and Lackowicz, attention: Paul Lackowicz, 2093
Second
Avenue, Whitehorse, Yukon, Y1A 1B5, phone 867-668-5252, fax 867-668-5251.
Sale of the Mine is subject to Court approval.
-0- 02/16/2000
For further information: Paul Lackowicz, Preston Willis and Lackowicz (867)
668-5252, fax (867) 668-5251 |
