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Microcap & Penny Stocks : DOUBLE DAY, INC. (BB: DBDY) BIG GAINS LITTLE RISK -- Ignore unavailable to you. Want to Upgrade?


To: Zeev Hed who wrote (2260)4/6/1999 9:01:00 AM
From: Mr Metals  Read Replies (1) | Respond to of 2303
 
Dayton Mining Corp -
Globe says Dayton Mining's plan for notes approved
Dayton Mining Corp DAY
Shares issued 40,856,779 1999-04-05 close $0.1
Tuesday Apr 6 1999
The Globe and Mail reports in its Tuesday, April 6, edition that Dayton Mining says its debenture holders have approved the redemption or conversion of all $68-million (U.S.) in debentures into 310.5-million newly issued shares of Dayton. The Globe's Investment News column reports that Dayton says holders rejected a proposed one-for-10 consolidation of Dayton shares. Dayton says that on completion of the redemption or conversion, it will have about 351.4 million shares outstanding. The restructuring requires approval of the British Columbia Supreme Court, expected on Thursday. Dayton says if the approval is granted, it will redeem each $1,000 in debentures for 4,500 shares on May 1.

(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

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