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Gold/Mining/Energy : RECLAMATION MANAGEMENT (RMLL.O) -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (168)8/4/1999 10:17:00 AM
From: Wizzer  Read Replies (1) | Respond to of 238
 
Just picked some up at 11 cents. Need some help Buckey as I have only a slight idea how to trade BB's. Maybe you could PM me some tips. I should have been able to pick it up at 10 cents this morning.

There is a NR out. I was just getting the alarm that it had resumed trading and the NR looked pretty good.

Regards, Wisam



To: Buckey who wrote (168)8/4/1999 10:19:00 AM
From: Wizzer  Respond to of 238
 
NR: Reclamation Management Ltd -

Reclamation receives proposal from Hilips e-Commerce

Reclamation Management Ltd
RMLL
Shares issued 101,261,627
1999-07-30 close $0.095
Tuesday Aug 3 1999
Mr. Cir Boinstree reports
Hilips e-Commerce PLC has submitted a proposal to the board of directors of
Reclamation Management Limited with the objective of negotiating an agreement to
acquire, in a cash transaction, the remaining 92 per cent of shares of Reclamation
Management Limited that it doesn't already own at a price of $17.7-million (GBP)
british pounds/$43.6-million (Canadian) or 40 cents per share in cash.
"This proposed acquisition is consistent with our strategy of looking for acquisitions,
which strengthen the existing portfolio of the company, and also strengthen our
presence in the European Internet market," said Cir Boinstree, president and chief
executive officer of Hilips e-Commerce PLC. "We are very excited about the
opportunity to add Reclamation Management Limited and its outstanding technology,
expertise and talented employee base as a cornerstone of our growth strategy for
Hilips e-Commerce PLC, U.K., in Europe."
"With complementary technology and almost no overlap, Reclamation Management
Limited (Euro-net Investments Limited) will be a platform for Hilips e-Commerce
PLC, U.K., further expansion in Europe and an important element of our strategy to
be a leading global supplier of Internet services technology in Europe," added Arthur
van der Piil, vice-president of Hilips e-Commerce PLC, U.K.
Hilips e-Commerce PLC, U.K., is privately held company of the Boinstree family of
London, England. Hilips e-Commerce PLC, U.K., and other subsidiaries employ 400
people in the United Kingdom and Ireland.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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