Birim Extends Warrants.MONTREAL--(BUSINESS WIRE)--May 7, 1998--(TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International .) Birim Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. Inc. ("Birim") is pleased to announce that the Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. ("TSE") has approved the Corporation's application for an extension of the exercise date for 1,500,000 unlisted share purchase warrants from May 5, 1998 to May 5, 1999. Each warrant, as extended, entitles the holder to purchase one common share for $2.50 per share. It is a condition of the extension that if at any time the 10 days weighted average price exceeds $2.94 per share, those warrants would become exercisable within 30 days. These warrants were issued in connection with the Corporation's 1996 financing and its Board of Directors believes that the extension is appropriate in order to allow warrant holders and shareholders time to access results from its on-going exploration program. Birim Goldfields Inc. is an emerging mining exploration firm whose mission is to explore and develop gold deposits in Ghana, West Africa. The Company currently has 17,564,304 common shares outstanding and a cash position of Can $2.5 million. CONTACT: Birim Goldfields Inc., Montreal Denis Denis, king of Portugal: see Diniz. Simoneau or David Jones, 514/393-8611 or 800/721-8611 http://www.birim.com info@birim.com |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion