GOLD FUNDS (July 27, 1992)
BGR Central Net Value $8.58 $5.10 Price $7.38 $4.70 Discount 14.06% 7.80% Value $51,099,000 $79,074,210…
News
FINANCING (July 27, 1992)
Swannell Minerals Corp. – 2,250,000 shs offered @ 40 cents per sh. Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.
Lac hedging
Lac Minerals (TSE) says it has reduced its gold hedge position to 704,000 oz. from 2.4 million oz. The company’s average hedged price increased to US$407 per oz. from US$378.
PEOPLE — CONS. ACORN
Zoltan Budey appointed president; Rick Hoepner and Caro Gadison appointed directors.
PEOPLE — CONS. NRD RESOURCES
H. Aikins appointed director.
PEOPLE — EVAN RESOURCES
Patrick Ramelet appointed director.
Meteorite meeting
An international conference on “Large meteorite impacts and planetary evolution” will be held on the Laurentian University campus Aug. 31-Sept. 2. It includes two Sudbury, Ont.-area field trips. The c…
PEOPLE — RINSEY MINES (July 27, 1992)
Russell Godwin appointed president.
PEOPLE — CENTRAL CRUDE (July 27, 1992)
Joseph Baylls appointed president/ director. Ian Bayer, and Richard Nemis elected directors.
PEOPLE — STARMIN MINING
Alexander Po appointed director.
PEOPLE — BOW VALLEY
Frederick Huycke appointed chairman and director; David Chellingsworth, Howard Dalton, Douglas Ebdon, John Ferguson, Gordon Osbaldeston, Adrian Webb, Robert Welty and Jerry Wright appointed directors….
PEOPLE — CYPRUS MINERALS (July 27, 1992)
Milton Ward appointed chairman, president and chief executive officer.