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 : El Misti Gold Limited (EMG V) -- Ignore unavailable to you. Want to Upgrade?


To: Ron Baxter who wrote (114)3/26/1998 10:51:00 PM
From: robert b  Read Replies (1) | Respond to of 513
 
El Misti Gold Ltd -

El Misti Gold Ltd EMGShares issued 120763211998-03-25 close $1.61Thursday Mar 26 1998The VSE has accepted for filing the company's proposal to issue 1,987,894 shares at $0.30 to settle outstanding debt. This share issuance represents the first tranche of the company's proposed debt settlement. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

2 million more shares at 30 , why 30 to settle debt, cant they just issue capital stock and sell that at about 1.50 or so ?