News





NEWS IN BRIEF (April 12, 1993)

Inca Gold Inc. (IGL:VSE) has changed its name to Air Pro Industries Inc. with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Pacific Corporate Trust.


GOLD FUNDS (April 12, 1993)

Gold Funds as of Apr. 6 BGR Central Net Value $9.70 $5.14 Price $7.75 $5.00 Discount 20.09% 2.7% Value $54,329,000 $84,121,500…


Sherritt offering

Sherritt Gordon (TSE) has made a public offering of US$200 million aggregate principal amount of 934% notes due April 1, 2003. The underwriter is Goldman, Sachs & Co. Sherritt will use the proceeds pa…





Republic completes debt restructuring

A debt restructuring undertaken by Republic Goldfields (VSE) and a pair of Canadian banks has occurred. As a result, the company has eliminated its short-term debt and more than 70% of its overall deb…


Major to drill VMS targets

To explore base metal prospects in northwestern Ontario, Major General Resources (VSE) has completed a $750,000 private placement. The junior has an option to earn a 50% interest in five properties th…


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