BGR Precious Metals Inc. has declared a regular quarterly dividend of 25 cents per common and class A share, payable Oct 28 to shareholders of record Oct 21.
D’Or Val Mines and Perron Gold Mines have amalgamated to form Aurizon Mines Ltd. (ARZ:VSE). Shareholders of D’Or Val will receive 0.4167 new shares for ea ch old share; Perron shareholders will receive 0.5 new shares for each old share. The common shares of Aurizon will also be listed on the Montreal and Toronto Stock Exchange.
Consolidated TVX Mining (TSE) reports net income for the first half of 1988 of $6.1 million or 21 cents per share on revenue of $18.6 million compared with a loss of $3.6 million or 21 cents per share on revenue of $4.4 million in 1987. Development of the La Coipa project in Chile is proceeding as scheduled and the mine is expected to commence production in the first quarter of 1989.
A-1 Resources has changed its name to Canadian Transtech Industries Ltd. (CDA:VSE) on a share- for-share basis.
Destiny Resources has changed its transfer agent to Guaranty Trust Company.
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