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Gold/Mining/Energy : Lyon Lake Mines Ltd
LLL 245.17-0.4%Jun 28 5:00 PM EST

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To: Mr.24K who wrote (467)2/20/1999 3:36:00 PM
From: Lilian Debray  Read Replies (1) of 520
 
Palmer was trading at $.45 twice what LLL was trading at. So they had to consolidate LLL shares 2 to 1 for the merger.

PMD had 17,232,518 shares issued.

After the merger, the new LLL has roughly the same number of shares as before, around 43,000,000.
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