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Gold/Mining/Energy : Highwood Res. Ltd (T.HWD, HIWDF)

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To: Gerry who wrote (73)1/23/1999 8:03:00 PM
From: kidl  Read Replies (1) of 147
 
Highwood acquires Canada Talc
Highwood Resources Ltd HWD
Shares issued 20,025,748 Jan 20 close $0.72
Thu 21 Jan 99 News Release
Mr. Garry Lynkowski reports
Highwood Resources has completed the acquisition of Canada Talc Limited. Highwood has commenced converting the milling plant at Marmora, Ontario into a micronizing facility. In addition, the company has started an underground development program to increase mineable reserves of higher grade talc that will substantially lower the operating cost. Management expects to see the positive results of both of these strategies by the third quarter of this year.
© Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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