Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: Ga Bard who wrote (5014)	3/14/1999 10:13:00 PM
From: Frank Fontaine	Read Replies (1) \| Respond to of 9440

Did You see this on IKAR Gary?? SECURITIES AND EXCHANGE COMMISSION Washington, D.C. SECURITIES EXCHANGE ACT OF 1934 RELEASE NO. 34-41163/ March 12, 1999 The Securities and Exchange Commission announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of over- the-counter trading in the securities of Ikar Mineral Corporation ("Ikar"), of Vancouver, British Columbia, Canada at 9:30 a.m. on March 12, 1999, and terminating at 11:59 p.m. on March 25, 1999. The Commission temporarily suspended trading in the securities of Ikar because of questions that have been raised about the accuracy and adequacy of publicly disseminated information concerning, among other things, a purported agreement between Ikar and European American Resources, Inc. ("Epar"), another mining company, for the sale of a portion of Ikar's mineral deposit in Tajikistan for over $39 million, to be paid in cash and stock of Epar. The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff of the Securities and Exchange Commission in Washington, D.C. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to Ikar's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action. If any broker-dealer or other person has any information which may relate to this matter, the Washington, D.C. office of the Securities and Exchange Commission should be telephoned at 202-942-4861.