Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Le coin des francophones -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Forthright who wrote (1723)	7/27/1999 11:13:00 PM
From: AriKirA	Read Replies (1) \| Respond to of 77509

rc.gc.ca Le choix peut se faire en tout temps... Par contre, il serait plus avantageux pour quelqu'un de prétendre que c'est du gain en capital (imposition sur 75%) à moins d'avoir assez de dépenses pour justifier un tel choix. Je te parlais de la situation dans laquelle un trader déclarait ses gains comme du étant du gain en capital. Si tu lis le bulletin, tu vas voir que c'est vraiment un cas d'espèce, une question d'interprétation. Si Revenu Canada décidait que c'est du revenu d'entreprise, il aurait implicitement fait ce choix là pour toi avec les conséquences qui en découlent. AK

To: Mr. Forthright who wrote (1723)	7/28/1999 8:52:00 AM
From: Alain	Read Replies (3) \| Respond to of 77509

Bonjour à tous et bravo pour ces échanges d'infos. Serait il possible de faire une synthèse de tout ça. Quel choix faire: S'incorporer,travailleur autonome, particulier ou autre. Dans quelle catégorie entrons nous et quelle situation s'applique à nous. Je suis incorporé et à part les différentes cotisations et taxes sur le capital, je ne vois pas trop d'avantage à le rester. J'envisage donc de fermer la Cie. Toute opinion et alternative est la bien venue. PEL.T: qui peut faire un commentaire sur ce titre qui monte sur les achats de Salman qui raffle tout ce qu'il peut et pourquoi les autres ne bougent pas? Voici la dernière news de PEL, merci de la commenter: Purcell Energy $5-million special warrants financing Purcell Energy Ltd PEL Shares issued 16,362,547 Jul 22 close $2.55 Fri 23 Jul 99 News Release Mr. Bruce Murray reports The company has agreed to issue two million special warrants at $2.50 per warrant by private placements. Each special warrant will be exchangeable for one common share and one-half of a share purchase warrant of the corporation at no additional cost, subject to adjustment in certain circumstances. One full share purchase warrant will be exercisable for one common share at a price of $3.10 per share for a period of 12 months. Purcell will use its best efforts to file and obtain receipts for a prospectus to qualify the distribution of common shares and warrants issuable on exercise of the special warrants. Salman Partners Inc, Loewen Ondaatje McCutcheon Limited and Canaccord Capital Corporation will act as agents for the special warrant offering on a best-efforts basis. The offering is expected to close on Aug. 10, 1999. Gross proceeds of $5-million will be released to the corporation at closing. The issue of the special warrants, common shares and share purchase warrants are subject to receipt of regulatory approvals. After giving effect to the issuance of two million common shares on exercise of the special warrants, the corporation will have approximately 24.6 million common shares issued and outstanding. The proceeds from the special warrants will be used to finance Purcell's development activities on its 24-per-cent working interest ownership in the Fort Liard gas property in the southwestern Northwest Territories including a 3-D seismic program and a development well currently scheduled to commence drilling in September, 1999. Purcell anticipates the balance of the capital required to bring the Fort Liard project on production by May, 2000, will be financed through midstream financing alternatives. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com