Cumberland Receives Final Receipts for Prospectus.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Aug. 29, 1996-- cumberland (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CBD (Component Based Development) Building applications with components (objects). See component software. CBD - component based development ) CUMBERLAND RESOURCES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (CBD-TSE) (the "Company") announces that it has received final receipts from the Ontario and B.C. Securities Commissions for a final Prospectus Final Prospectus A legal document stating the price of a newly issued security, the delivery date, and other facts that are important for investors. Notes: The final prospectus must be given to every investor who purchases a new issue of registered securities. dated August 23, 1996. Under terms of the Prospectus, Series A and Series B Special Warrants are exchangeable for freely trading shares and share purchase warrants as follows: The Series A Special Warrants, totaling 650,000 entitle en·ti·tle tr.v. en·ti·tled, en·ti·tling, en·ti·tles 1. To give a name or title to. 2. To furnish with a right or claim to something: the holder to receive one unit ("Unit") in the capital of the Company, each Unit consisting of one common non-flow through share ("Share") and one transferable share purchase warrant ("Series A Warrant"). Two Series A Warrants are exercisable for the purchase of one common non-flow through share ("Series A Warrant Share") of the Company until June 30, 1997 at a price of $9.50 per Series A Warrant Share. The Series B Special Warrants, totaling 350,000 entitle the holder to receive one unit ("Unit") in the capital of the Company, each Unit consisting of one common flow through share ("Share") and one transferable share purchase warrant ("Series B Warrant"). Two Series B Warrants are exercisable for the purchase of one common non-flow through share ("Series B Warrant Share") of the Company until June 30, 1997 at a price of $10.00 per Series B Warrant Share. Cumberland Resources is a Canadian mineral exploration company with two emerging gold projects, Meadowbank (60 percent) and Meliadine (50 percent) located in the Northwest Territories Northwest Territories, territory (2001 pop. 37,360), 532,643 sq mi (1,379,028 sq km), NW Canada. The Northwest Territories lie W of Nunavut, N of lat. 60°N, and E of Yukon. . Cumberland is also actively exploring for base-metals in the N.W.T., Northwestern Ontario Northwestern Ontario is the region within the Canadian province of Ontario which lies north and west of Lake Superior, and west of Hudson Bay and James Bay. It includes most of subarctic Ontario. and Portugal. Exploration drilling programs are currently underway on several of these projects. ON BEHALF OF THE BOARD OF CUMBERLAND RESOURCES LTD. Glen Dickson, Director CONTACT: Cumberland Resources Ltd. Mr. Glen Dickson, 604/ 608-2557 (604) 608-2559 (Fax) or Mr. Kerry Curtis, 604/ 608-2557 (604) 608-2559 (Fax) |
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