Meteor Creek Resources Inc V.DDX Message Board

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Gold/Mining/Energy : Meteor Creek Resources Inc V.DDX

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To: jerry janko who wrote (22)	12/22/2000 5:20:22 PM
From: jerry janko	Read Replies (1) of 67

Double Down acquires all shares of Meteor Creek Double Down Resources Ltd DDX Shares issued 4,769,927 Jun 22 close $0.13 Fri 22 Dec 2000 News Release Keith Irish reports The company has consolidated its shares on a four to one basis and that the company has been continued in the province of Ontario from the province of British Columbia. Double Down has acquired all shares of Meteor Creek Resources Inc., a privately held Ontario corporation. Double Down has also completed a prospectus stock offering for gross proceeds of $4,100,717. The funds will be used for general corporate purposes and for drilling an exploratory natural gas well at the Bear River Prospect located in the eastern half of Prince Edward Island. Double Down and Meteor Creek have merged and will now be known as Meteor Creek Resources Inc. The company has established a stock option plan approved by shareholders at the Double Down shareholder meeting. No options have been issued, however the plan allows for options not to exceed 10 per cent of the number of shares outstanding following amalgamation.

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