Consolidated Gold Hawk Negotiating Property Acquisition.MONTREAL--(BUSINESS WIRE)--Sept. 12, 1996--GOLD HAWK RESOURCES IN (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :CGK CGK Jakarta, Indonesia - Soekarno Hatta International (Airport Code; aka Cenkareng) ) At the request of the Alberta Stock Exchange, Consolidated Gold Hawk Resources Inc. ("Gold Hawk") announces that it is negotiating with a private company for the acquisition of a former gold producing property located in Peru. If an agreement is reached, Gold Hawk will acquire the property for 5 million common shares at a price of $0.25 per share and the vendor will subscribe for a maximum of two million common shares of Gold Hawk at a price of $0.25 per share, for proceeds to Gold Hawk of $500,000. The transaction, if concluded, will be subject to due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. by the parties and to regulatory approval. The proposed transaction may constitute a reverse take-over within the meaning of the rules of the Alberta Stock Exchange, in which case trading in the shares would be suspended sus·pend v. sus·pend·ed, sus·pend·ing, sus·pends v.tr. 1. To bar for a period from a privilege, office, or position, usually as a punishment: suspend a student from school. pending completion of the transaction. The common shares of Gold Hawk are listed on the Alberta Stock Exchange. There are currently 8,342,802 common shares issued and outstanding. CONTACT: Consolidated Gold Hawk Resources Inc. Mackenzie Mackenzie, river, c.1,120 mi (1,800 km) long, issuing from Great Slave Lake, Northwest Territories, Canada, and flowing generally NW to the Arctic Ocean through a great delta. Between Great Slave Lake and Lake Athabasca it is known as the Slave River. I. Watson, 514/878-3551 514/878-4427 (fax) |
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