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Gold/Mining/Energy : Amarillo Gold -- Ignore unavailable to you. Want to Upgrade?

To: organicgerry who wrote (31)	5/23/2004 8:57:04 PM
From: dara	Respond to of 85

I've copied this from the tsx website: "Early-stage companies have different financial needs and pressures than more established businesses. TSX Venture Exchange simplifies the process of raising capital for qualified emerging companies by offering three ways to go public: - initial public offering (IPO) - Capital Pool Company Program (CPC) - reverse takeover (RTO)." "...Reverse takeover" "Another way to list your company is through a reverse takeover of a company listed on TSX Venture Exchange. This can be done in a number of ways, including an amalgamation or issuance of shares in exchange for other shares or assets of the listed company. This lets shareholders of a private company buy a listed company that has no substantial business activity. You'll need the help of your company's sponsor, lawyer and auditor to find a suitable candidate for a reverse takeover." "For more information on reverse takeovers, see TSX Venture Policy 5.2 - Changes of Business and Reverse Takeovers" tse.com

To: organicgerry who wrote (31)	5/23/2004 10:25:02 PM
From: TheSlowLane	Read Replies (1) \| Respond to of 85

Lefty, my understanding is that the TSX had some issues with the RTO documentation and that is what has precluded the .H from being removed. This sounds like the company has submitted the paperwork that will hopefully satisfy the Exchange and clear the way for the removal of the .H. I think the company has been operating in a fairly low-key mode until this issue is resolved and once it is behind them will be able to put some effort into getting their story out. I haven't called to confirm this, but my opinion is based on prior conversations. We'll see soon enough, I guess...