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Gold/Mining/Energy : Western Copper Holdings Ltd. T.WTC
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To: c.r. earle who wrote (204)2/13/1998 12:53:00 PM
From: Mr Metals  Read Replies (2) of 401
 
Here's a better one.

***NEWS RELEASE***

Western Copper Holdings Limited -

Shareholder rights plan

Western Copper Holdings Limited WTCShares issued 107263931998-02-11 close $10.35Friday Feb 13 1998Mr Lawrence Page reports The board of directors has adopted a shareholder rights plan pursuant to the terms of a shareholder rights plan agreement dated as of January 30 1998 with Montreal Trust Company of Canada, for a proposed term of five years. The shareholder rights plan is designed to ensure that all shareholders receive equal treatment, to provide the shareholders with more time to fully consider any unsolicited takeover bid, and to maximize shareholder value in the event of a takeover bid or other acquisition that could lead to a change in control of the company. It is not intended to prevent a takeover or to deter fair offers for the company's shares. The company has no knowledge of any pending or threatened takeover bids, and has no reason to believe that any takeover offer is imminent. The shareholders will be asked to confirm and approve the shareholder rights plan at the company's annual general meeting scheduled for March 1998. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

Mr Metals
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