MacDonald Mines makes bid for Bresea
Article Abstract:
MacDonald Mines Exploration Ltd. has offered to buy some or all of the assets of Bresea Resources Ltd. Bresea's assets include C$26-million in cash, interests in some Indonesia properties and ownership of Bre-X's office building in Calgary, Alberta. Since May 1997, Bresea has been under court protection, due to its collapse following the declaration of Bre-X's supposedly gold property in Indonesia, as fraud. Bresea holds a 22.3% stake in Bre-X. MacDonald Mines' proposed acquisition of the company still has to be approved by the court.
Comment:
Has offered to buy some or all of the assets of Bresea Resources
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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TD makes move into charity foundation business
Article Abstract:
Toronto-Dominion (TD) Bank is creating a private foundation for clients as a source of funding for donations, as it is making a big move into Canada's charitable sector. Bank clients would be able to make donations, receive tax receipts and help direct where gifts from the endowment should go.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2004
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