Cordiale Resources has changed its name to Vioclone Biologicals Inc. (VBI:VSE) on a share-for-share basis. Transfer agent is Central Guaranty Trust Company.
Canadian Graphite has changed its name to BFD Industries Inc. (BFI:VSE) on a share-for-share basis. Transfer agent is National Trust Company.
Trimin Resources has released the balance of 375,000 escrowed shares of the company.
World Cement Industries Inc. has changed its name to Topper Gold Corp. (TGC:VSE) on a 1-new- for-4-old share basis. Transfer agent is Central Guaranty Trust Company.
Stan West Mining Corp. (NASDAQ) recorded a loss of $27.2 million(US) for the year ended Mar 31. The figure includes a $21-million write-down to property, plant and equipment.
The company’s McCabe mine was shutdown in March because of continuing start-up problems that drained Stan West’s liquid capital and credit line. The company has defaulted on a 11,103 gold loan and its operating credit.
The company is negotiating a restructuring plan with its major creditor.
Corona Corp. (TSE) is the owner of 203,800 shares (a 10.4% interest) of Goldnev Resources (VSE), which recently changed its name from Golden Nevada Resources and underwent a share consolidation on a five-to-one basis.
Rideau Resources has changed its name to Consolidated Rideau Resources Corp. (RRD:VSE) on a 1-new-for-3-old share basis. Transfer agent is Montreal Trust Company of Canada.
Pacific Comox Resources Inc. and Samurai Resources have amalgamated to form Pacific Comox Resources Inc. (PCM:VSE). Shareholders of Pacific Comox Resources Inc. receive 1-new-share- for-1-old share; Samurai shareholders receive 1-new-share-for-3-old shares. Transfer agent is Central Guaranty Trust.
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