SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: jimsioi who wrote (29026)4/7/2004 4:13:11 PM
From: TrueScouse  Read Replies (1) | Respond to of 39344
 
jims:

This is the press release...

Howy

============================
KBR (TSX-V)
For release on Wednesday, April 7, 2004.

CLARIFICATION OF HALT

The Company wishes to clarify some aspects of the Stock Exchange Take-Over announced on April 6.

1) The Stock-Exchange Take-Over was a step required by the TSX Venture Exchange before James J. Puplava and a number of persons acting with him (collectively the “Puplava Group”) could acquire any shares of Kimber that would cause their aggregate holdings to exceed 20% of the outstanding shares of the Company.

2) No shareholders will be forced to sell their shares.

3) James Puplava’s stated intention is to increase his ownership in the Company and to see the Company realise its full potential value.

4) The trading halt was not requested by Kimber and the time at which its shares will return to trading is not under the Company’s control.

5) Under the policies of the TSX Venture Exchange, the Puplava Group will be required to publish a notice setting out the terms of the bid in prescribed form in order to make its bid effective. Kimber anticipates such notice will be published in the near future.

Robert Longe, P.Eng., President
7 April, 2004