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HONG KONG, Sept. 24, 2012 /CNW/ - SinoTech (Hong Kong) Corporation Limited ("SinoTech") has filed an early warning report dated September 24, 2012 advising of its holdings in Tigray Resources Inc. (the "Company").
SinoTech's two affiliated companies Goldrock Resources Corporation Limited ("Goldrock") and Sino Minerals Corp. ("Sino Minerals") acquired 6,000,000 units (the "Units") of the Company, with each Unit consisting of one common share and one-half of one common share purchase warrant of the Company. SinoTech's affiliated companies acquired the Units by way of private placement at a price of $0.20 per Unit. These securities represent approximately 15.5% of the outstanding common shares of the Company, assuming full exercise of the warrants. Following the acquisition, SinoTech, together with its affiliate companies, Beijing Donia Resources Co., Ltd., Goldrock and Sino Minerals, hold 15,451,754 common shares and 3,750,000 common share purchase warrants of the Company, representing approximately 32.7% of the then outstanding shares of the Company, assuming exercise of the warrants.
SinoTech's affiliated companies acquired the securities for investment purposes and may acquire further securities of the Company in the future.
Care for a slice of CNSJ while you read the finacials?
Today should continue imo.
Anchovies, onions and sun-dried tomatoes, with a can of BRIO :)
CINT, maybe CNSJ for the momo and bigger gain is where the money is.
I too have DIG in my portfolio of stars...watch PFE to rise back up imo.
TNRI lotto time?
Big sister is watching you :)
Place your order, and i'll deliver :)
CLXS lots of hype but nothing happened.
In the making for a run don't you think?
You should see RBS spike up if the DOW gets the green light...GM
frgy...stuck?
BBDA, but BNPD made some good ground.
More dd would be an asset to this board.
You have always great DD moverzzz...keep up the good work.
I'll pick some PGPM up here at .004 thanks
Looks like i missed the party on PGPM (:
RCCH...what's that one about?
I like your CHEERING SECTION...Pizza for everyone there!!!
Watch for rebounds on BHWF CNSJ all down!!!
Thanks, she does deliver in 30 minutes, while its hot:)
You were right May Lee...let THOSE SELLERS FINISH and MOVE ON!!!
That hurts...these audits which show or atleast confirms the revenues will set the pps when they are released, until then, seeling will probably continue and needs to find a bottom!
Consider CNSJ.ob fully reporting cement company with audited statements due out soon.
Watch for bottom on CNSJ .90 x 1.02 selling should be drying up!
Been watching it, especially today. Everyone should pull their Bids lower and get the SELLER to sell at a much lower price!
I'm not saying this is overpriced ...the selling will happen until the audits are released. Once they are, then shareholders and the public will make their own calls and see if the company is worth somethig.
Financials are to be released as stated by IR in this quarter. Will get back with the share structure asap.
Keep up the good work.
Had my arse done by thse mm's on other plays...man does it hurt. Hope you stick around!
CNSJ.OB 3.30 x 3.48 +6%
You never know...CNSJ is to report rev's soon. And if they are up there, then they may want to consider.
Do you like an order of PIZZA and CNSJ to go?
Nice on MNTY, its gearing up for next week. Watching NUBV now and CNSJ at 3.47!
Your right on that!
More visibility as time goes on!
Did you try calling IR?
Company info has been updated on OTCBB!
Great for all!
PIZZA anyone???