First Gold Resources
Corporation Lists on VSE
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Effective at the opening this morning, First Gold Resources
Corp. was posted and called for trading on the Vancouver Stock Exchange. The company is
classified as a "Venture" company and trades under the symbol "FTG".
First Gold Resources Corp. is a natural resource company engaged in the acquisition and
exploration of mineral properties. First Gold Resources currently holds an interest in one
mineral property known as the Wildrose Property located in the Greenwood Mining Division
of British Columbia.
The company has completed its initial distribution of shares to the public for total gross
proceeds of $460,000 (450,000 flow through shares at $0.40 per flow through share and
800,000 common shares at $0.35 per common share).
The company's capitalization is 200 million common shares with no par value of which
1,790,000 common shares are currently issued and outstanding (including 750,000 shares in
escrow). CIBC Mellon Trust Company is the transfer agent and Union Securities Ltd. is the
sponsoring member.
For further information, please refer to the company's Prospectus dated November 17, 1997.
FIRST GOLD RESOURCES CORPORATION
Sultanali Ibrahim Mawji, President
Suite 202 - 4746 East Hastings Street
Vancouver, BC V5C 2K7
Phone: (604) 294-8276 |
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