Northgate Exploration Limited - TSX: NGX; AMEX: NXG Message Board

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Gold/Mining/Energy : Northgate Exploration Limited - TSX: NGX; AMEX: NXG

NXG 50.06

-1.3%

12:46 PM EST

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To: tyc:> who wrote (4)	3/12/2004 8:27:37 AM
From: Northern Marlin	Read Replies (1) of 148

In their 3/11/04 press release NXG announced that Brascan bought 1,500,000 shares through warrants. Northgate also announced today that Brascan Financial Corporation ("Brascan") exercised 1,500,000 common share purchase warrants to acquire 1,500,000 common shares of Northgate at a price of Cdn$0.84 per common share for gross proceeds to Northgate of Cdn$1,260,000. The common share purchase warrants were issued to Brascan in 2000 as consideration for advisory services and financing provided by Brascan (then Trilon Financial Corporation) in connection with Northgate's acquisition of a 95% Royalty interest in the Kemess Mine. biz.yahoo.com So, that leaves 38,182,2338 warrants exercisable at Cdn$3.00 until 12/28/06. I wonder how to go about learning who owns those warrants... Phil

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