KNGC; Kalan Gold Corporation - another metals player

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Gold/Mining/Energy
KNGC; Kalan Gold Corporation - another metals player

An SI Board Since March 1999

Posts	SubjectMarks	Bans
33	1	0

Emcee: jmhollen	Type: Unmoderated

Introduction Compact

Kalan Gold Corporation Announces Pending Acquisition
PR Newswire, Wednesday, January 27, 1999 at 12:11

ENGLEWOOD, Colo., Jan. 27 /PRNewswire/ -- Kalan Gold Corporation (the Company) (BB: KNGC) today announced that it has entered a letter of intent to acquire 100% of the issued and outstanding common shares of Animated Electronic Industries Sdn Bhd, a private Malaysian company (AEI), in exchange for approximately 94% of the ownership of the Registrant, subject to the completion of due diligence by both parties, the approval of the shareholders of both companies, and the divestiture of the assets and liabilities of the Registrant.

Other things may also be "..in the wind..."!

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Reply	Message Preview	From	Recs	Posted
33	Yes, I would think at some point the symbol will change. I just don't know	TraderGreg	-	6/16/1999
32	Right, but since the name will be changed, the symbol wouldn't match. No b	KZAP	-	6/16/1999
31	I don't know about the symbol. Moving to the National Market wouldn't	TraderGreg	-	6/16/1999
30	I guess. But, they most likely won't change the symbol until after the move	KZAP	-	6/16/1999
29	I would think so. As the company hasn't had any involvement with gold mines	TraderGreg	-	6/16/1999
28	Is this good news for KNGC? biz.yahoo.com Happy investing! KZAP	KZAP	-	6/16/1999
27	I could spend a lot of time in Vegas! That place is something else! The week at	KZAP	-	6/13/1999
26	"..Smartypoop.."! John :-)	jmhollen	-	6/13/1999
25	We will be here all this week..and then heading for a one week booking at the M	TraderGreg	-	6/13/1999
24	You guys are having entirely too much fun here...! John :-) ps: tee hee..!!	jmhollen	-	6/13/1999
23	From DTC sheets, they can poll individual brokerages and get a count of the num	TraderGreg	-	6/13/1999
22	LOL! OK, I'm not done. HOW do they confirm that? Since the number of shareh	KZAP	-	6/13/1999
21	Actually, it takes 400 each owning at least 100 shares. At today's and prio	TraderGreg	-	6/13/1999
20	OK, last thing I can think of at the moment. Doesn't it take 300 shareholde	KZAP	-	6/13/1999
19	The bottom line is this...if you have enough money to buy up the float and you	TraderGreg	-	6/13/1999
18	Very interesting TG! If all that is true, and I can't see it any other way	KZAP	-	6/13/1999
17	AEI, after being acquired, owns 87% of the O/S; the former management owns appr	TraderGreg	-	6/13/1999
16	I missed some of that in my research. Guess I'd better slow down a bit mor	KZAP	-	6/13/1999
15	From the 8K filing(BTW, KNGC is already fully reporting) of 5/14/99 Item 1.	TraderGreg	-	6/12/1999
14	Have you heard when the pp is to be completed? This must be a buying opportuni	KZAP	-	6/12/1999
13	Once the PP is completed and other acquisitions commence, look for a steady ris	TraderGreg	-	6/12/1999
12	The $5 is something big to look at considering the stock is now around 1 1/4!	KZAP	-	6/12/1999
11	The acquisition of AEI is completed and reflected in their last Q. The Private	TraderGreg	-	6/12/1999
10	So what's happening with this company? Too quiet around here.	KZAP	-	6/12/1999
9	biz.yahoo.com	KZAP	-	5/14/1999

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