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Gold/Mining/Energy : International Larder-Symbol LRDR on the CDN -- Ignore unavailable to you. Want to Upgrade?


To: Rudy B. who wrote (253)3/14/2000 7:05:00 PM
From: BLZBub  Read Replies (1) | Respond to of 278
 
Interesting the 400 for one consolidation, then a 1 for 100 split to effectively get a 1 for 4 consolidation. The only reason to do this is to make sure anyone with less than 400 old shares will be sent a cheque rather than keep them on the expensive to maintain mailing list. Makes sense to me.

Bill.



To: Rudy B. who wrote (253)3/29/2000 11:07:00 AM
From: Midas  Read Replies (1) | Respond to of 278
 
Hello Rudy B:

I just received the mailing to share holders of PAL and LARDER stock concerning the proposed merger of PROSPECTORS ALLIANCE CORP., INTERNATIONAL LARDER, EXPLORERS ALLIANCE CORP, as well as two private companies. While reviewing the FAIRNESS OPINION in the APPENDIX TO MANAGEMENT INFORMATION CIRCULAR MARCH 13, 2000, I noticed that the proposed value for the share exchange is 16.2 cents for PAL and 3.2 cents for LARDER. These values are substantially higher than those where PAL is currently trading, and where LARDER last traded, and may represent a buying opportunity.

Midas