Tandem Resources Ltd.: Partial Disposition of Control Block.TORONTO -- Management of Tandem Resources Ltd. ("Tandem" or the "Company") reports that on December 12, 2003, Stanley G. Hawkins, President of Tandem, disposed of 12,000,000 common shares by way of a private transaction with IBK IBK see infectious bovine keratoconjunctivitis. Capital Corp., as part of a proposed Reverse Takeover A reverse takeover occurs when a publicly-traded smaller company acquires ownership of a larger company. It typically requires reorganization of capitalization of the acquiring company. with Western 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. . The disposition of the 12,000,000 common shares was filed with SEDI SEDI System for Electronic Disclosure by Insiders SEDI Executive Secretariat for Integral Development SEDI Social and Enterprise Development Innovations SEDI Study of the Earth's Deep Interior SEDI Système Électronique de Déclaration des Initiés (System for Electronic Disclosure by Insiders). The above transaction between Mr. Hawkins and IBK Capital Corp. did not result in the creation of any new control persons nor any new insiders of Tandem. As reported in a news release dated February 20, 2004, the proposed Reverse Takeover with Western Goldfields was terminated. Mr. Hawkins currently holds 1,677,552 common shares representing 5% of the issued and outstanding shares. ON BEHALF OF THE BOARD OF DIRECTORS Michel Lafrance, Secretary Neither the TSX Venture Exchange TSX Venture Exchange Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors. Inc. nor any other regulatory body accept responsibility for the adequacy or accuracy of this news release. |
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