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Gold/Mining/Energy : ARP - V Argentina Gold -- Ignore unavailable to you. Want to Upgrade?

To: Zardoz who wrote (2262)	1/28/1999 9:19:00 AM
From: Enigma	Read Replies (1) \| Respond to of 3282

Also from J'burg: (REUTERS) Barrick says regulator kills Argentina poison pill Barrick says regulator kills Argentina poison pill By Darren Schuettler JOHANNESBURG, Jan 28 (Reuters) - Canada's Barrick Gold Corp. <ABX.TO> said on Thursday that a Canadian securities regulator had issued a cease trading order against the shareholder rights plan adopted by Argentina Gold Corp. <ARP.V>, target of a Barrick hostile takeover bid. Barrick, North America's second-largest gold miner, said in a statement received in Johannesburg that it believed its C$5.00 per share offer to Argentina Gold shareholders would succeed following the actions of the British Columbia Securities Commission. "We are extremely pleased by the decision of the B.C. securities regulators to allow the shareholders of Argentina Gold to make their own decision," said Barrick President and Chief Executive Officer Paul Melnuk. Barrick said its offer expires on January 29 and it recommended that shareholders of Argentina Gold who wish to accept Barrick's offer tender their shares today. The offer is conditional on Barrick acquiring at least 50.1 percent of Argentina Gold's common shares, including the 9.9 percent stake already owned by Barrick.