| | Published : June 05th, 2008 | CONSOLIDATE ITS SHARES AND CHANGE ITS NAME TO CANADA GAS CORP |
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This message has
been sent by Wyn Developments Inc. and does not
constitute a solicitation to buy securities. This document and others
like it are used to update and inform industry, shareholders and other
interested parties of the status, progress and updates of the Company and
its operations. Please contact your investment advisor before
purchasing any securities. To view our privacy policy, please click here.
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WYN DEVELOPMENTS TO SPIN OUT WYN METALS INC.,
CONSOLIDATE ITS SHARES AND CHANGE
ITS NAME TO
CANADA GAS CORP. (tsx.v symbol: CJC)
ON JUNE 10TH, 2008
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Vancouver,
British Columbia – June 4th, 2008 – Wyn Developments Inc.
(“Wyn Developments” or the
“Company”) announces that the effective date of Wyn’s plan of arrangement with Wyn Metals Inc. (“Wyn
Metals”) and share consolidation and name change to Canada Gas Corp
(“Canada Gas”) will be June 10th, 2008. Shareholders
holding shares of Wyn Developments at the close
of trading on June 9th, 2008 will receive 1 Wyn
Metals share for every 11 Wyn Developments
shares and 1 Canada Gas Corp share in exchange for every 5 Wyn Developments shares. Canada Gas Corp. will
begin trading under the symbol (“CJC”) on June 10th, 2008.
The issued capital of
Wyn Metals will be 9,196,146 million common
shares outstanding, 12,823,576 shares fully diluted on the effective
date.
The
issued capital of Canada Gas will be 20,231,522 million common shares
outstanding, 28,441,868 shares fully diluted on the effective date.
Wyn
Developments shareholders holding Wyn
Developments Inc share purchase warrants will, as of June 10th, 2008 be
entitled to exchange their Wyn Developments
share purchase warrants for their new share purchase warrants exercisable
into shares of Canada Gas and shares of Wyn
Metals. The 39,901,729 existing Wyn
Developments Share Purchase Warrants, on exchange for Canada Gas Warrants
and Wyn Metals Warrants, will be exercisable
into a total of 7,980,346 Canada Gas shares and a total of 3,627,430 Wyn Metals shares. In the case of Canada Gas,
the exercise price of the warrants will be adjusted to the ten day volume
weighted average trading price of Canada Gas shares on the TSX-Venture
Exchange after the share consolidation is made effective. For Wyn Metals, the exercise price will likewise be the
ten day weighted average trading price of Wyn
Metals shares subsequent to it obtaining a listing on a recognized stock
exchange. The warrant expiry dates will remain unchanged.
On
June 10th, 2008, a
new board and management team will assume control of Wyn
Metals (see press release
dated April 25th, 2008). It is expected the $1.3 million private placement financing
being undertaken by Wyn Metals will be
completed shortly thereafter. Management of Wyn
Metals will provide further particulars of the financing and the plans
for the company once the plan of arrangement has been made effective.
Wyn
Developments also announces it has completed SEDAR filing of its January
31st, 2008 year end reports related to oil and gas reserves prepared in
accordance with Canadian Securities Regulators National Instrument 51-101
Standards of Disclosure for Oil and Gas Activities. These reports
can be accessed electronically from the SEDAR website at www.sedar.com and include: Form 51-101F1
– Statement of Reserves Data and Other Oil and Gas Information;
Form 51-101F2 – Report on Reserves Data by Independent
Qualified Reserves Evaluator, Form 51-101F3 – Report of
Management and Directors on Reserves Data and Other Information, as
well as Audited Annual Financial Statements and Management Discussion and
Analysis.
In
other news, Angus Sutherland, Director and Member of the audit Committee
has submitted his resignation. The Company thanks Mr. Sutherland
for his past contributions and wishes him well in his future endeavors.
For
more information or to sign up for our email list, please visit www.wyndevelopments.ca or call 1.888.685.5851.
On June 10th, the Company's new website will be accessible at www.canadagas.ca.
ABOUT WYN DEVELOPMENTS INC.
Wyn
Developments is a western Canada focused junior resource exploration,
development and production company with both mineral and natural gas
assets. With the ‘spin-out’ of its mineral assets
into Wyn Metals Inc. and capital restructuring,
Wyn Developments will focus on natural gas
exploration, development and production, through currently owned assets
and seed additional natural gas exploration opportunities through
possible future mergers and acquisitions.
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INQUIRIES
Chad McMillan
Suite 520-700 West Pender Street
Vancouver, BC, Canada V6C 1G8
Local: 1.604.685.5851
Toll Free: 1.888.685.585
Fax: 604.685.7349
E-mail: ir@wyndevelopments.ca
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WL
TSX Venture Exchange
YXE
Frankfurt
SHARE STRUCTURE
Shares Outstanding: 79,965,609
Fully Diluted: 101,577,338
52 week hi-low: $0.25/$0.48
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Chad McMillan
ir@wyndevelopments.ca
1.604.685.5851 Suite 520-700 West Pender
Street V6C 1G8 Vancouver, BC,
Canada
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This press release may contain forward-looking statements including
expectations of future production. More particularly, this press release
contains statements concerning the Partners’ future production
estimates, expansion of oil and gas property interests, exploration and
development drilling, regulatory applications, payout estimates, capital
expenditures, and drilling locations to be drilled in 2008/2009. These
statements are based on current expectations that involve a number of risks
and uncertainties, which could cause actual results to differ from those
anticipated. These risks include, but are not limited to: the risks
associated with the oil and gas industry (e.g., operational risks in
development, exploration and production; delays or changes in plans with
respect to exploration or development projects or capital expenditures; the
uncertainty of reserve estimates; the uncertainty of estimates and
projections relating to production, costs and expenses, and health, safety
and environmental risks), commodity price, price and exchange rate
fluctuation and uncertainties resulting from potential delays or changes in
plans with respect to exploration or development projects or capital
expenditures. Additional information on these and other factors that could
affect the Partners’ operations or financial results are included in
the Partners’ reports on file with Canadian securities regulatory
authorities. The forward-looking statements or information contained in
this news release are made as of the date hereof and the Partners undertake
no obligation to update publicly or revise any forward-looking statements
or information, whether as a result of new information, future events or
otherwise, unless so required by applicable securities laws. Oil and Gas
Advisory. This press release may contain disclosure expressed as "boe". All oil and natural gas equivalency volumes
have been derived using the ratio of six thousand cubic feet of natural gas
to one barrel of oil. Equivalency measures may be misleading, particularly
if used in isolation. A conversion ratio of six thousand cubic feet of
natural gas to one barrel of oil is based on an energy equivalency
conversion method primarily applicable at the burner tip and does not
represent a value equivalency at the well head. The TSX Venture
Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
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This message was sent from Chad McMillan
to .com. It was sent from: Animus Ventures Inc., 520 -
700 West Pender Street., Vancouver, BC V6C 1G8, Canada. You can
modify/update your subscription via the link below.
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Canada Strategic Metals Corp
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PRODUCER |
CODE : CJC.V |
ISIN : CA1352741088 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Canada Strategic Metals is a and gold exploration company based in Canada. Canada Strategic Metals produces natural gas in Canada, and holds various exploration projects in Canada. Its main asset in production is TRUTCH in Canada and its main exploration properties are PROPHET RIVER NATURAL and GOELAND in Canada. Canada Strategic Metals is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 22.5 millions as of today (US$ 16.9 millions, € 14.3 millions). Its stock quote reached its highest recent level on January 03, 1997 at CA$ 9.90, and its lowest recent point on December 24, 2008 at CA$ 0.02. Canada Strategic Metals has 75 039 155 shares outstanding. |
Financings of Canada Strategic Metals Corp |
Option Grants of Canada Strategic Metals Corp |
Nominations of Canada Strategic Metals Corp |
Project news of Canada Strategic Metals Corp |
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Corporate news of Canada Strategic Metals Corp |
5/16/2016 | Strategic Metals monetizes graphite asset |
4/25/2016 | Regional setting of the Sakami Gold property |
4/11/2016 | Canada Strategic TSXV: CJC and Lomiko TSXV: LMR to drill hig... |
4/5/2016 | Canada Strategic Metals announces closing of $205,000 privat... |
3/24/2016 | Canada Strategic TSXV: CJC and Lomiko TSXV: LMR file NI 43-1... |
3/24/2016 | Canada Strategic Metals announces private placement |
3/21/2016 | CJC.V discovers multiple new showings at Apple with results ... |
9/30/2015 | New gold zone grading up to 45.9 g/t au discovered on the Sa... |
9/30/2015 | New Gold Zone Grading Up to 45.9 g/t Au in Grab Sample Disco... |
9/24/2015 | Canada Strategic and Lomiko discover a 500+ metre long high ... |
9/24/2015 | IIROC Trading Resumption - LMR; CJC |
9/24/2015 | IIROC Trading Halt - CJC; LMR |
7/29/2015 | LOMIKO AND CANADA STRATEGIC FIND WIDE-RANGING HIGH GRADE SAM... |
7/29/2015 | Canada Strategic and Lomiko find wide-ranging high grade sam... |
7/27/2015 | LOMIKO AND CANADA STRATEGIC MOBILIZE DRILL RIG TO LA LOUTRE ... |
7/21/2015 | LOMIKO HIRES DRILLING COMPANY FOR LA LOUTRE CRYSTALLINE FLAK... |
7/15/2015 | Canada Strategic Metals geophysical survey identified target... |
7/15/2015 | Canada Strategic Metals Geophysical Survey Identified Target... |
7/6/2015 | LOMIKO RECEIVES DRILLING PERMIT FOR 75 - 100 DRILL HOLES AT ... |
6/18/2015 | Annual meeting |
6/18/2015 | Canada Strategic Metals Inc.: Annual Meeting |
4/15/2015 | CJC.V reports wide gold-bearing intersections, with results ... |
4/15/2015 | CJC.V reports wide gold-bearing intersections, with results ... |
4/15/2015 | CJC.V Reports Wide Gold-Bearing Intersections, With Results ... |
4/15/2015 | CJC.V Reports Wide Gold-Bearing Intersections, With Results ... |
4/14/2015 | Strategic Metals Monetizes Graphite Asset in Exchange for Im... |
4/2/2015 | Canada Strategic Metals Appoints Momentum for investor relat... |
4/2/2015 | Appoints Momentum for Investor Relations |
3/26/2015 | Canada Strategic Metals announces first closing of $125,000 |
3/26/2015 | Announces First Closing of $125,000 |
3/11/2015 | Canada Strategic Metals announces private placement |
2/26/2015 | Canada Strategic Metals Begins a Drilling Campaign of a Mini... |
2/9/2015 | Strategic Metals Monetizes Graphite Asset in Exchange for Im... |
2/3/2015 | Strategic Metals Acquires a New Property Near the Discovery ... |
1/21/2015 | TSX-V: CJC and TSX-V: MAT obtains its permits to drill the e... |
1/21/2015 | TSX-V: CJC and TSX-V: MAT obtains its permits to drill the e... |
1/21/2015 | TSX-V: CJC and TSX-V: MAT obtains its permits to drill the e... |
1/21/2015 | TSX-V: CJC and TSX-V: MAT obtains its permits to drill the e... |
1/21/2015 | TSX-V: CJC and TSX-V: MAT Obtain their Permits to Drill the ... |
1/14/2015 | TSX-V: CJC and TSX-V: LMR Recent Results Confirm Graphite Mi... |
1/14/2015 | TSX-V: CJC and TSX-V: LMR Recent Results Confirm Graphite Mi... |
1/7/2015 | TSX-V: CJC and TSX-V: LMR set flake graphite resource target... |
1/7/2015 | TSX-V: CJC and TSX-V: LMR Set Flake Graphite Resource Target... |
12/22/2014 | Canada Strategic Metals announces first closing of $186,500 |
12/22/2014 | Canada Strategic Metals Announces First Closing of $186,500 |
12/17/2014 | Once Again La Loutre Delivers Near Surface, Wide Graphite-Be... |
12/16/2014 | Christophe Romary appointed as president |
12/16/2014 | Canada Strategic Metals Inc.: Christophe Romary Appointed as... |
12/10/2014 | La Loutre continues to deliver near surface, wide graphite-b... |
12/10/2014 | La Loutre Continues to Deliver Near Surface, Wide Graphite-B... |
12/2/2014 | Discovery of a Wide, Rich Graphite-Bearing Zone with an Inte... |
11/4/2014 | Canada Strategic and Lomiko Metals intersect multiple graphi... |
11/4/2014 | Canada Strategic and Lomiko Metals Intersect Multiple Graphi... |
10/29/2014 | Drilling begins at La Loutre property |
10/29/2014 | Canada Strategic Metals Inc.: Drilling Begins at La Loutre P... |
10/6/2014 | Canada Strategic Metals Inc.: Drill Permit Issued for the La... |
9/23/2014 | Canada Strategic Signs an Agreement with Lomiko Metals to Se... |
9/2/2014 | Request for Extension of the Maturity of the Warrants |
7/25/2014 | Canada Strategic Metals Inc.: Options Granted |
7/23/2014 | CJC Intersects 3.54 g/t Au Over 12.00 Metres and 3.58 g/t Au... |
7/3/2014 | CJC Intersects 2.51 g/t Au Over 48.20 Metres, Including 6.93... |
5/28/2014 | Canada Strategic Metals Reports New Wide Gold-Bearing Inters... |
5/5/2014 | Canada Strategic Metals Reports a Partial Closing of its Pri... |
10/30/2013 | Strategic Metals Inc.: Annual and Special Meeting |
10/24/2013 | Strategic Metals Reports High-Grade Gold Results of Up to 61... |
10/3/2013 | Strategic Metals Inc.: Debt Settlement |
9/26/2013 | Strategic Metals Report More High Grade Results With Up to 1... |
9/9/2013 | Strategic Metals Starts Work Program at Sakami Gold Project |
8/19/2013 | Strategic Metals and Matamec Announce Agreement for Sakami G... |
7/31/2013 | Strategic Metals Inc.: Debt Settlement |
6/27/2013 | Strategic Metals Inc.: Debt Settlement and Property Option A... |
6/11/2013 | Strategic Provide Corporate Update and Results from the Prel... |
4/16/2013 | Strategic Receives Promising Results From Grand Prix and Cha... |
3/26/2013 | Strategic Receives Additional Large-Flake Graphite Character... |
2/12/2013 | Strategic Metals Awaiting Metallurgical Characterization Tes... |
7/31/2012 | s Inc. to change its name to Canada Strategic Metals Inc. |
7/23/2012 | s Schedules Shareholder Webcast for Tuesday July 24th, 2012 |
7/19/2012 | s welcomes Ron MacDonald as Executive Chairman & Director, M... |
6/20/2012 | s Successfully Identifies Electromagnetic Anomalies on both ... |
5/12/2012 | s Exhibit at the Hard Assets Conference, New York |
4/19/2012 | s Acquires 2 New Quebec Graphite Projects and Introduces Lav... |
4/13/2012 | s Completes Non-Brokered Private Placement |
3/8/2012 | s Increases Non-Brokered Private Placement to $700,000 |
3/5/2012 | s Arranges $600,000 Non-Brokered Private Placement |
12/9/2011 | s Announces Pre-Development Agreement with The Grand Council... |
10/13/2011 | s Completes Hole GO-3 at 525 meters, Ending in Carbonatite |
9/12/2011 | (Goeland)S SUCCESSFULLY INTERSECTS TARGETED CARBONATITE INTRUSION AT ... |
8/6/2011 | s Shareholders Approve All Resolutions at General Meeting |
3/4/2011 | COMPLETES NAME CHANGE & Welcomes Benoit Moreau as Technical ... |
7/27/2010 | CLOSES TRUTCH SALE |
1/5/2010 | Shareholders Approve AGM Resolutions |
5/26/2009 | to Participate in Two Bakken Oil Projects |
8/6/2008 | Announces Intent to Acquire Flying A Petroleum Ltd. |
7/31/2008 | engages Sproule Associates, Discusses Unconventional Potenti... |
7/3/2008 | Completes Restructuring |
5/5/2008 | Shareholders Approve All Resolutions at Annual and Special ... |
9/19/2007 | RESERVES ESTIMATES AND SIGN A BINDING AMALGAMATION AGREEMENT |
4/5/2007 | Trutch Production Figures |
6/1/2006 | launches new website |
3/21/2006 | (Trutch)updates Bougie trutch natural gas development project |
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