In our story “Flow-through funds jump-start juniors” (T.N.M., Sept. 15/03), we said the permitted time period for exploration companies to spend flow-through funds ends in January 2004. That information was outdated.
Changes in the tax regime mean flow-through shares can be bought until the end of December 2004, and the funds raised in flow-through placements must be spent by the end of December 2005.
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