Mandorin Goldfields MGD.V Message Board

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Gold/Mining/Energy : Mandorin Goldfields MGD.V

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To: Darren who wrote (577)	3/7/2000 6:09:00 PM
From: Flea	Read Replies (1) of 633

Mandorin trading halt continues to be in effect Mandorin Goldfields Inc MGD Shares issued 28,273,547 2000-02-23 close $0.73 Tuesday Mar 7 2000 Mr. Malcolm Stevens reports The trading halt imposed by the Canadian Venture Exchange on Feb. 24, 2000, continues to be in effect pending the CDNX's review of the company's proposed acquisition of a 50-per-cent interest in a fully integrated multicurrency e-billing business and of the company's proposed exploration programs on its Zimbabwe mineral properties. The proposed acquisition of the interest in the e-billing business is subject to regulatory approval and satisfactory due diligence and other conditions. A detailed business plan for the e-billing business is being prepared and PricewaterhouseCoopers of Sydney, Australia, has been engaged to undertake both technical and legal due diligence of the proposed acquisition. The completion of these matters is a priority for the company and are being advanced as quickly as possible. The company has made submissions to CDNX requesting the reinstatement of trading of the company's shares at the earliest possible opportunity and is awaiting the CDNX's response. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com

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