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guan |
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The Company could earn an absolute 70% interest in the Maying Gold Mine Sino-Canadian Joint Venture Corporation (the SCJVC) by paying to Guan's Entreprises $US 70,000, issuing 1,500,000 common shares of its capital to the vendor Guans Entreprises and by contributing $US 1,550,000 to the capitalization of the SCJVC within one year The Tearlach-Stellar Joint Venture could increase its absolute ownership to 88% by incurring an additional 85 million Yuan ($CDN 15 million). |
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