Hey john, how's things?
Thought these guys were toast. Bit of a pulse today. Probably just gold fever.
Found a couple of old PRs.
First off they're off the TSE and on the CDN now,
FOR: CAUSSA CAPITAL CORPORATION
TSE SYMBOL: CAU
FEBRUARY 7, 2002 - 09:01 EST
Caussa Options Churchill Gold Property
TORONTO, ONTARIO--Caussa Capital Corporation is pleased to
announce that it has secured an option to earn a 100% interest in
the Churchill gold property, Churchill Township, Ontario. The
Churchill property is located in the Shining Tree area of Northern
Ontario and encompasses two new gold occurrences discovered by
local prospectors in 2001. Gold mineralization on the Churchill
property occurs in two structures namely the H-G Zone and the
Scheelite Zone.
The H-G Zone is a west trending zone lying perpendicular to the
Scheelite Zone and has been traced through surface stripping and
trenching over a distance of 350 metres. Six grab samples selected
at various locations along the strike length of the zone have
yielded assay results ranging from 2.02 grams to 39.05 grams of
gold per tonne.
The Scheelite Zone is a north trending zone and has been traced by
trenching over a strike length of 300 metres displaying widths of
5 to 8 metres. Selected grab samples taken from the zone have
returned assays ranging from 0.07 grams to 3.29 grams of gold per
tonne, with low but significant tungsten values.
Caussa is currently planning an exploration program to further
evaluate these new gold occurrences. Exploration work is scheduled
to commence in the spring assuming the necessary financing can be
arranged.
-30-
FOR FURTHER INFORMATION PLEASE CONTACT:
Caussa Capital Corporation
Kenneth W. Johnson
President
(416) 861-9940
(416) 861-0057 (FAX)
or
Caussa Capital Corporation
Robert Yeoman
Vice President
(416) 861-9940
(416) 861-0057 (FAX)
NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY
AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED
HEREIN.
*****************************************************
Widespread Acquires 1,630,000 Shares of Vaaldiam Resources
5/8/02
VAALDIAM RESOURCES LIMITED ("VRL-V") CAUSSA CAPITAL CORP ("CAU-TV")
- Widespread Acquires 1,630,000 Shares of Vaaldiam Resources
Widespread Portfolios Limited of 4B MacDonald Crescent, Wellington, New Zealand, 6000 (the
"Company") advises that is has acquired, for investment purposes, 1,630,000 shares (the
"Purchased Shares") of Vaaldiam Resources Limited ("Vaaldiam") from Caussa Capital
Corporation in a private transaction. Prior to the acquisition of the Purchased Shares, the
Company held 1,502,000 common shares of Vaaldiam plus 1,500,000 share purchase warrants
(the "Warrants") which, assuming all Warrants were exercised, would have resulted in the
Company holding 3,002,000 common shares or 24.76% of Vaaldiam's common shares then
issued and outstanding. Taking into account the acquisition of the Purchased Shares and
assuming the exercise of all of the Warrants the Company will be holding 4,632,000 common
shares representing 38.21% of Vaaldiam's common shares then issued and outstanding.
On behalf of the Board of Directors of
WIDESPREAD PORTFOLIOS LIMITED
"Chris Castle"
Chris Castle, Director
Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of
the Private Securities Litigation Reform act of 1995. Investors are cautioned that such
forward-looking statements involve risks and uncertainties including, without limitation, continued
acceptance of the company's products, competition, new items and technological changes,
intellectual property rights and other risks. TEL: (604)
*********************************************
widespread.co.nz
5 May 2002
Widespread Portfolios Limited (“WIP” - NZSE Unlisted Securities Market) acquires further
shareholding in Canadian listed diamond explorer Vaaldiam Resources Limited
The directors of Widespread Portfolios Limited advise that the company has acquired, by private
treaty, a further 1,630,000 shares in Canadian listed company Vaaldiam Resources Limited.
Following this transaction Widespread now holds 3,132,000 shares, representing 29.5% of
Vaaldiam’s present issued capital, plus 1.5m warrants exercisable at CA$0.15 within the next 24
months.
Assuming the warrants were exercised Widespread would then be holding 38.2% of Vaaldiam’s
issued ordinary capital. The total cost to date of the shares and warrants is CA$231,700,
somewhat lower than the present market value of the investment.
POG is up, CAU some land and some money.
Never know, it's crazy out there. Starting to look like the .com frenzy.
Take care.
Ron |
