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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.

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To: alan holman who wrote (28116)3/24/1999 7:36:00 AM
From: Mr Metals  Read Replies (1) of 28369
 
Bre-X Minerals Ltd -
NP says U.S. trial date for Bre-X set
Bre-X Minerals Ltd BXM
Shares issued 219,103,330 1997-05-07 close $0.09
Wednesday Mar 24 1999
The National Post reports in its Wednesday, March 24, edition that jilted American shareholders of Bre-X Minerals will have to wait until June 5, 2000, to get their day in court, says David Folsom, a United States district court judge. The National Post's Briefing column reports that Bre-X shareholders are seeking damages for up to $2-billion (U.S.). In January, Judge Folsom threw Canadian shareholders out of the case, saying stocks bought on Canadian exchanges were not covered by U.S. law. The judge will hear a motion on Monday to reverse that ruling, reports the National Post.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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