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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: LoneClone who wrote (38028)	4/11/2007 10:17:42 AM
From: onepath	Read Replies (1) of 78418

Not only the premium but a spinoff as well.... <Tenke holds an interest in the Tenke Fungurume copper/cobalt deposits under development in the Democratic Republic of Congo as well as extensive copper/gold exploration properties in South America. Pursuant to the Arrangement Tenke will convey its South American assets and cash in the amount of US $5 million to a newly-incorporated, wholly-owned subsidiary. The shares of the newly-incorporated company will be distributed to Tenke shareholders pursuant to the Arrangement. Application will be made to list the common shares of the newly incorporated company on the appropriate exchange. >

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