New Guinea Gold 5,454,545 bonus shares
Ticker Symbol: C:NGG
New Guinea Gold Corp (C:NGG)
Shares Issued 201,702,897
Last Close 4/29/2010 $0.11
Thursday April 29 2010 - Miscellaneous
The TSX Venture Exchange has accepted for filing the company's proposal to issue 5,454,545 bonus shares to in consideration of a bridge loan of $3-million. The loan has a 12-month term and bears interest at a rate of 8 per cent per year, payable monthly. After maturity, the interest will be payable at a rate of 18 per cent per year compounded monthly and payable monthly.
Canjex Publishing Ltd.