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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Jim Bishop who wrote (137745)8/31/2004 6:31:19 PM
From: Rocket Red  Read Replies (2) of 150070
 
Shore Gold declares Wescan share distribution

Shore Gold Inc SGF
Shares issued 53,109,936 Aug 31 2004 close $ 2.24
Tuesday August 31 2004 Miscellaneous

The issuer has declared the following conditional distribution:

Basis of stock distribution: one common share of Wescan Goldfields Inc. for every 10 shares of Shore Gold Inc. held providing the Wescan initial public offering closes *

Payable date: Sept. 24, 2004

Record date: Sept. 10, 2004

Ex distribution date: Sept. 8, 2004

Shareholders not residing in Quebec, Ontario, Manitoba, Saskatchewan, Alberta or British Columbia will receive 10 cents cash in lieu of each Wescan share they would otherwise have been entitled (minus any applicable withholding taxes). Furthermore, a press release will be issued by Shore Gold Inc. upon the successful closing of the Wescan Goldfields Inc. IPO.
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