Hathor Exploration, Ltd. expects the spin-off of daughter corporation MAX Resources to be executed by the end of Friday, April 3rd. If that timetable is held, MAX will begin trading the following Monday. Hathor shareholders of record, as of April 3rd, will get one share of MAX for every ten they hold of Hathor. MAX will be holding the Eskay properties in B.C.; the news release contains a capsule description of them.
Prior to the above release, Hathor closed at $2.18, for a gain of 30 cents. The current bid is $2.18, and the current ask is $2.20.
The Google Finance web page for Hathor is here.
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NOTE: This blog is confined to aggregating news relating to Canadian gold stocks, as well as to commenting on past and present price movements, and is intended as an informational resource. It is not intended to make recommendations, nor is it a tool for forecasting future price movements. Its author is not a qualified investment advisor, and as such cannot make any investment recommendations. Should you be interested in any stock that appears here, please consider carefully if it is suitable for you and your portfolio. Please also consider seeking advice from a professional investment advisor if you have not already done so.
Thursday, March 12, 2009
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