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Gold/Mining/Energy : Zenda Capital Corp. -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (17)11/29/2003 4:48:20 PM
From: E. Charters  Respond to of 217
 
KL will allow really crazy stuff with regard to mining, as that is their lifeblood. The outcrop is 50 feet from houses, but I will bet they could do it. On the other hand it would be easy to shaft mine. The shaft is in and the mining would be cheap. Toll milling is available at kinross, but I would bet not cheap. I could set up a small portable mill for about 800K on on of the tailings ponds there, and undergound could be done for about 2 mill. Do they have the ore? Dunno. They could cut a couple of slots for bulk sampling with blasting mats. Only know if you try.

I think it could be done, based on my experience in the area. Some of their claims are sort of removed from habitation and there is lots of strike to find continuation in.

Permitting is now under the liberals. Who the hell knows? Canadians have to have their noses rubbed in the doo doo a number of times to get the idea why not to vote for people like Muggintski and Martoonski.

EC<:-}

EC<:-|



To: marcos who wrote (17)1/9/2004 12:39:00 PM
From: bigbuk  Respond to of 217
 
YZN typo ? NEWS ps it ZND now

Zenda Capital closes $205-million private placement

2004-01-09 11:59 ET - News Release

Mr. Paul Ankcorn reports

ZENDA CAPITAL CORP. ANNOUNCES CLOSURE OF PRIVATE PLACEMENT

Zenda Capital has closed the non-brokered private placement that was originally released on Nov. 7, 2003. A total of $205,000 was raised by the company. The company will issue 1.25 million flow-through common shares, 800,000 non-flow-through common shares and 1,025,000 warrants to satisfy its obligations to the private placees. The warrants are exercisable to acquire one additional common share at a price of 15 cents per share and will be valid for one year from the date of their issuance. The private placement is subject to approval from the TSX Venture Exchange. Proceeds of the private placement will be used to finance continued exploration on the company's gold properties in the Red Lake and Kirkland Lake areas of Ontario, and to carry on the day-to-day business of the company.

The company has been transferred to Tier 2 of the TSX-V pursuant to the elimination of Tier 3 status. Zenda now trades under symbol ZND.