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Gold/Mining/Energy : SOUTHERNERA (t.SUF) -- Ignore unavailable to you. Want to Upgrade?

To: Goalie who wrote (6095)7/17/2000 3:49:29 PM
From: PHILLIP FLOTOW  Read Replies (1) | Respond to of 7235
 
I have the full report. "Warning" is what Bloomberg said;
that is not how I would characterize it.
I cannot cut/paste the report, but here's the short version:
RMB International of Dublin has subscribed to U$5.0 million of Exchangeable Capital Units (ECU) convertible into common shares at C$2.07. Interest is LIBOR plus 3%. Based on the number of shares on 6/30/00, RMB would hold 12% of SUF common if converted.
PHIL


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