SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Sedex (V.SDN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wayne nikituk who wrote (42)10/9/1997 9:25:00 AM
From: wayne nikituk   of 87
 
Richard back pedals a bit...first line in release yesterday was probably his...and a "little premature" to say the least...the exchange call him on it:

Clarification of previous news release

Sedex Mining Corp SDN
Shares issued 20,614,596 Oct 8 close $0.61
Thu 9 Oct 97 News Release
Mr Richard Hughes reports

The VSE has requested that the company clarify certain statements made in
its news release in Stockwatch October 9 1997. While the company is
encouraged with results from drilling on its Irishman property, results are
early and extensive drilling over the next several months will be required
to determine the extent of mineralization. At this time there is no
assurance that an economic body of ore will be found, or if economic that
it will be of comparable size or grade as the Sullivan deposit.

In addition, the company wishes to point out that the Irishman property is
100% owned by Sedex Mining with an option granted to Kennecott Canada
Exploration. While Abitibi Mining does have many interests in other
properties in the Cranbrook area it does not have any interests in the
Irishman property.

The company will continue to conduct work on the property and keep
investors informed of results of future activities.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext