Toronto-based HSK Minerals (TSE) has entered an agreement with CMP 1988 Resource Partnership and Co. Ltd. (CMP), in which CMP will subscribe for shares of HSK on a flow-through basis for a consideration of $150,000.
HSK says the funds will be applied directly to the company’s gold exploration programs at Kirkland Lake, Ont.
Due to its current financial position, Abcourt Mines (ME) says it has decided to defer payment of the dividend due on July 1, on the preferred shares, series A, 1985. The dividends are cumulative and may be paid in the next quarters.
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