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Wednesday, October 10, 2007 8:28:48 AM
So this was them I take it>>>>
Minerals Corp. And Brownstone Resource Inc. Enter Into Shares For Debt Settlement Agreement
Maple Minerals Corp. (“Maple”) and Brownstone Resources Inc. (“Brownstone”) jointly announce that they have entered into an agreement whereby Maple has agreed to issue a total of 480,950 common shares of its capital stock to Brownstone at a deemed price of $0.40 per share, in settlement of debt owed by Maple to Brownstone in the amount of $192,380.00. The shares issued to Brownstone will have a 4 month hold period from the date of closing. This transaction is subject to acceptance by the TSX Venture Exchange.
http://www.megauranium.com/main/?newsReleases&164
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Mega Uranium Ltd a 78% owned by Brownstone Resources Inc, located in Toronto, Ontario, a uranium mining company with an active Australian uranium exploration program. The company has interests in Canadian and Australian base and precious minerals exploration properties and a copper-nickel exploration project in Guinea, West Africa.
CanAlaska Uranium Ltd-Poplar Uranium Project,Saskatchewan &
Mega Uranium Ltd Update Date: 10/04/07
Date Announced: 10/03/07
Value (million $USD): 8.9 million U.S. Dollar
8.9 million Canadian Dollar
Status: Pending
TRANSACTION DETAILS
Date Announced 10/03/07
Date Originally Announced 10/03/07
Format Acq. Maj. Int. Acquisition techniques Divestiture
Attitude Friendly Agency n/a
Value 8.9 million U.S. Dollar
8.9 million Canadian Dollar Advisor Fees n/a
CANADA - Mega Uranium Ltd (MU) was granted an option to acquire a 55% interest in the Poplar uranium project, located in Saskatchewan, of CanAlaska Uranium Ltd, a uranium mining company, for 8.85 mil Canadian dollars ($8.868 mil US). The consideration was to consist of 8 mil Canadian dollars ($8.016 mil US) and 0.2 mil MU common shares valued at C$0.85 mil ($0.852 mil). The shares were valued based on MU's closing stock price of C$4.25 ($4.259) on October 2, the last full trading day prior to the announcement.
http://money.cnn.com/news/deals/mergers/reports/1111614040.html
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