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Gold/Mining/Energy : Champion Resources - CHL.vse -- Ignore unavailable to you. Want to Upgrade?


To: DAVID BENNETT who wrote (56)9/19/1999 9:19:00 PM
From: rdww  Respond to of 176
 
haven't talked to these guys latley - the PP was cleared finally and the Lundin's had a big hand in it if I remember correctly. So now they should get off thier duff and promote this one. The company was supposed to have a promotion lined up for the fall - butif ya don't stick a firecracker up their butt on the topic - they just keep focusing on the work in GB and forget to promote the stock. Still a very nice deal and we should be happy(ier) one day.



To: DAVID BENNETT who wrote (56)9/20/1999 2:42:00 PM
From: rdww  Respond to of 176
 
closure on the PP - hopeully they don't wait till nov to start warming up the stock.

Champion completes private placement

Champion Resources Inc CHL
Shares issued 24,184,440 Sep 17 close $0.89
Mon 20 Sept 99 News Release
Mr. Michael McInnis reports
Champion Resources has now closed its recently announced private placement
of one million units at the price of $1.05 per unit. Each unit consists of
one share and one warrant, and each two warrants entitle the holder to
purchase one additional share of the company at the price of $1.20 per
share for the first year and $1.35 per share for the second year, until
July 9, 2001. The shares, warrants and any shares issued upon exercise of
the warrants are subject to a hold period and may not be traded in British
Columbia until Nov. 9, 1999, except as permitted by the Securities Act and
the rules made thereunder and the Vancouver Stock Exchange.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com



To: DAVID BENNETT who wrote (56)9/29/1999 2:49:00 PM
From: rdww  Read Replies (1) | Respond to of 176
 
Champion signs agreement with Bateman
Champion Resources Inc CHL
Shares issued 24,184,440 Sep 28 close $0.90
Wed 29 Sept 99 News Release
Mr. Michael McInnis reports
A framework agreement has been signed with Bateman Projects Ltd. for the
supply of project services for the Farim phosphate project in Guinea
Bissau, West Africa. This represents an important milestone for the Farim
project, engaging an internationally recognized South African engineering
firm to act as the primary contractor with responsibilities that will
satisfy certain prerequisites required under the terms of the South African
sourced project financing. The financing package is currently in the final
approval process and a financing commitment is anticipated prior to
year-end.
The framework agreement will form the basis of a EPCM contract under which
Bateman will execute, at a minimum, the complete engineering, procurement
and construction management services for the processing plant, which will
be designed to produce phosphate rock concentrate at a minimum grade of 32
per cent P(2)O(5). The contract will include operator training,
commissioning, startup, performance testing and handover of the plant.
Bateman will provide guarantees as outlined in the framework agreement
including quality control and assurance, process and capacity guarantees,
performance guarantees, equipment guarantees and completion guarantees.
Bateman brings extensive African and phosphate experience to the Farim
project through its phosphate and derivatives technology division.
Champion Resources has a 100-per-cent interest in the Farim phosphate
project, which has phosphate reserves in excess of 105 million tonnes
grading 29.8 per cent P(2)O(5) with a mine life of over 25 years. Annual
production from Farim is expected to reach 1.5 million dry tonnes of
phosphate rock concentrate grading 32 per cent to 34 per cent P(2)O(5).
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com