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Bema Gold Cautions Shareholders Over TRC Capital Offer
Company Online Stock Trading Bema Gold Corporation urged shareholders to ignor a "mini-tender" offer by Toronto-based TRC Capital. Bema Gold said it was 3.7% below the market when the stock was at $3.01.
By Alan Fein Bema Gold Corporation urged shareholders to ignor a " tender" based TRC Capital. Bema Gold said it was 3.7% below the market when the stock was at $3.01. Visit our AXcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our mining poll too! Print This Page Aug 25, 2004 (AXcess News) Bema Gold Corporation ( BGO) urged shareholders to ignor a " tender" based TRC Capital. Bema Gold said it was 3.7% below the market when the stock was at $3.01.
Online Trading Stock And Visit our AXcess News Forum and add your comments on this story. Try your hand at writing, the best story will be published on our news network. Take our mining poll too!
The offering documentation, dated August 5, 2004, indicates that TRC has offered to purchase up to 12.5 million common shares of Bema Gold, representing approximately 3.5 percent of Bema Gold's outstanding share capital for a price of $2.90 per share in cash.Late Tuesday, Bema Gold released an announcement that pointedly told shareholders that the company was not endorsing their offer.
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Stock System Trading Aug 25, 2004 (AXcess News) Toronto - Bema Gold Corporation (AMEX: BGO) urged shareholders to ignor a "mini-tender" offer by Toronto-based TRC Capital. Bema Gold said it was 3.7% below the market when the stock was at $3.01.
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Stock Investing Game The offering documentation, dated August 5, 2004, indicates that TRC has offered to purchase up to 12.5 million common shares of Bema Gold, representing approximately 3.5 percent of Bema Gold's outstanding share capital for a price of $2.90 per share in cash.Late Tuesday, Bema Gold released an announcement that pointedly told shareholders that the company was not endorsing their offer.
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Market Stock Trading Shares of Bema Gold closed at $3.18 on the Toronto Stock Exchange Tuesday, which the company made a point of in their announcement.
Online Stock Trading Canada The stock continued its upward climb Wednesday, closing at $3.30 on the TSX, up 3.7%.AdvertisementAXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.
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