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Gold/Mining/Energy : Precious and Base Metal Investing

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To: russwinter who started this subject5/12/2004 11:04:07 AM
From: loantech  Read Replies (1) of 39344
 
Here is another reason I like FR.V and I consider this very good news:
sedar.com
May 11, 2004
PRUDENT BEAR FUND, PRUDENT GLOBAL INCOME FUND
& GLOBAL GOLD MASTER FUND
ACQUIRE
SHARES & WARRANTS
OF
FIRST MAJESTIC RESOURCE CORP.
We have acquired control and direction, through Prudent Bear Fund, Prudent Global Income Fund
and Global Gold Master Fund, funds managed by us, over 2,200,000 common shares (representing
10.4% of the outstanding shares) and warrants to purchase an additional 1,100,000 common shares
of First Majestic Resource Corp. (the “Company”) of Vancouver, British Columbia. If such warrants
were exercised we would have control and direction over 14.8% of the outstanding shares of the
Company. We do not own or have control or direction over any other securities of the Company.

firstmajestic.com

This is my second largest holding next to CKG. President of FR is ex president and director of 1st Quantum.
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