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Gold/Mining/Energy : Inco-Voisey Bay Nickel [ T.N.V] -- Ignore unavailable to you. Want to Upgrade?

To: 1king who wrote (531)	10/30/1998 9:09:00 PM
From: Lorne Larson	Read Replies (2) \| Respond to of 1615

Robertson Stephens was the seller of the other 3 million shares: Inco Ltd - Robertson Stephens sold VBN shares Inco Ltd N Shares issued 166,059,082 1998-10-29 close $16.2 Friday Oct 30 1998 by Brent Mudry Two funds managed by Paul Stephens sold three million Inco VBN shares to Franco-Nevada Mining, according to a recent filing with the United States Securities and Exchange Commission. The Oct. 27 filing disclose full details of the deal, in which Franco-Nevada paid $50.4-million to acquire 6.57 million Inco Voisey's Bay Nickel shares, a 25.4 per cent stake, on Oct. 16. The other seller, identified Oct. 21, was stock promoter Robert Friedland, who sold 3.57 million shares through Evershine L.L.C., a wholly-owned holding company. The SEC filing notes Franco-Nevada paid $7.61 each for the shares and paid First Marathon Securities, its agent, a commission of $329,000, based on a nickel per share. The Robertson Stephens Contrarian Fund sold 2.26 million shares, while the private Robertson Stephens Orphan Fund sold 735,000 shares. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com