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Gold/Mining/Energy : Winspear Resources

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To: Paul Bilecki who wrote (17590)4/5/1999 10:17:00 AM
From: wayne cath  Read Replies (1) of 26850
 
NP says Winspear will defend action over Camsell Lake

Winspear Resources Ltd WSP
Shares issued 33,721,333 Apr 1 close $3.72
Mon 5 Apr 99 In the News
Also Aber Resources Ltd (ABZ)
The National Post reports in its Friday edition that Winspear Resources
Ltd. said it has been served with a writ of summons and a statement of
claim issued by Aber Resources Ltd. in connection with the Camsell Lake
joint venture in Canada's Northwest Territories. Aber said it intended to
participate in the 1999 budget and exploration program for the joint
venture, but Winspear said the proceedings results from Aber's "failure to
timely elect in writing" to participate. Aber is demanding to be given
either the right to participate or for relief against forfeiture of that
right, plus damages. Winspear said it intends to vigorously defend the
action.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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