Royal Oak assets to be sold by August

Article Abstract:

All assets of the defunct Royal Oak Mines Inc are expected to be sold out by the end of Aug 1999, according to the interim receiver, PricewaterhouseCoopers Inc. All final bids should be in by Jul 21, with court approval of the recommended offers expected to be made on Jul 30. The main asset is the Kemess gold and copper mine in British Columbia, which is projected to produce 235,700 ounces of gold in 1999.

Organizational history, Gold Ore Mining, Gold Mines, Royal Oak Mines Inc.

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Hot income trusts keeping IPOs alive

Article Abstract:

The value of 2003 initial public offerings dropped by 35% during the first half of the 2003 year in Canada. Canada reported 22 IPOs during the period, at a value of 1.48 billion Canadian dollars.

Financial management, Finance, Securities, Going public (Securities), Initial public offerings, Company public offering, Company financing

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