News in Brief (January 18, 1988)

Monte Carlo Gold Mines has announced it will be issuing bonus warrants to common shareholders of record Jan 7. Each bonus warrant will entitle the holder to purchase one additional common share at $3 per share on or before Dec 15, 1989. Shareholders will receive one bonus warrant for each common share held on the record date.


Asiamerica Equities has subdivided its common shares on a 2-new-for-1-old share basis.


Silver Cloud Mines and Angle Resources have amalgamated and continue under the name Angle Resources Ltd. (agu:vse). Shareholders of Silver Cloud will receive 1-new-share-for-3-old; Angle shareholders receive share-for-share.


Hydro Home Appliances has changed its name to Santa Marina Gold Ltd. (smj:vse) on a share-for- share basis.


Colossal Energy has changed its name to Consolidated Colossal Energy (kci:vse) on a 1-new-for- 2.5-old share basis.


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