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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture -- Ignore unavailable to you. Want to Upgrade?


To: tom shelby who wrote (3165)6/30/1999 1:05:00 PM
From: Salt'n'Peppa  Read Replies (1) | Respond to of 15703
 
Tom, you may well be correct, but they are also raising ~$8 million in common share issues (2 million shares).
No restrictions on use of that cash, as far as I know.

Regards,
S&P



To: tom shelby who wrote (3165)6/30/1999 1:43:00 PM
From: RIK  Respond to of 15703
 
<< Can someone tell me if the Canadian only restriction is correct?>>

You are correct! Qualifying expenditures must be made in Canada.