ein. News vom 01.03.00. Kurs in australien noch unentschlossen. Zumindest hat sich der Kurs von ca. 1E-Cent auf knapp 2,5 E-Cent in den letzten wochen entwickelt. Wenn diese B2B-News in Australien ersteinmal realisiert wird, dann wird der Kurs von St. Francis explodieren. Ich habe mir vor kurzem erstmal ein paar zugelegt. Mal abwarten, was so kommt. Der deutsche Kurs schwankt seit ein paar Tagen so zwischen 2-3 Cent. Anbei die News aus dem ASX-Announcement: Ob das was wird? ich glaube schon. --------------------------- ST FRANCIS MINING LIMITED
Business Acquisition/Funding of new Acquisitions Document date: Wed 01 Mar 2000 Released time: Wed 01 Mar 2000 16:52:39 Document No: 175073 Document part: A Market Flag: Y Classification: Non-Renounceable Issue, Issued Capital - Other, Asset Acquisition
ST FRANCIS MINING LIMITED 2000-03-01 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++ ANOTHER BUSINESS ACQUISITION FOR ST FRANCIS
St Francis has entered Into an agreement to acquire a 40% interest in I.T.Internet-Traders Co.,Ltd the owner of Thailand's leading web portal, eThailand.com
St Francis has been invited to nominate 2 persons to sit on the 5 person Board of Directors of I.T.Internet-Traders Co Ltd.
The directors of I.T.Internet-Traders Co.,Ltd intend to immediately seek a listing for this company on the Thailand Stock Exchange and thus become the first Internet stock listed on the Thai Exchange.
ABOUT eTHAILAND.COM
Web portal eThailand.com was established in December 1998 to provide the international business community with an exhaustive and real time source of news and information on Thailand. Owned by I.T. Internet-Traders Co. Ltd (iTiT), the site gives full details of investment opportunities and covers all aspects of how to work and live successfully in Thailand. The site is updated four to five times a day.
eThailand.com is deriving income from extensive banner advertising and is currently finalising its entry into the B2B (Business to Business) and eCommerce markets.
eThailand.com is already sparking strong interest around the world. Just four months into a pre-launch limited service, it is recording 1.5 million hits per month and 2000 visits per day with an average online time of 12 minutes, according to US auditor webtrends.com.
The portal features a one-page homepage containing up-to-the-minute news and information in the fields of eBusiness, eCareers, eTravel, eTechnology and eLifestyle, all culled from 1000 quality Thai data base websites. The site is designed to facilitate speedy access, so much so that no search should take longer than 10 seconds.
eThailand.com is Thailand's first online business encyclopaedia and was established by Briton Kevin Moss The company was officially launched to the market place in December 1999. The Bangkok-based web portal targets and caters to international executives looking to invest in Thailand.
eThailand,com is the gateway to detailed information about doing business in and with Thailand. Whether researching business opportunities, seeking information on Thailand's legal system or looking for advice on the best school for your child, the comprehensive nature of this portal means that all the answers are at your fingertips.
The company that owns and services eThailand.com, I.T.Internet-Traders Co. Ltd., has wasted no time in consolidating on this early success by forming strategic partnerships with six of Asia's most prestigious businesses in their respected fields: the Bangkok Post, e-recruitment matchmaker JobsDB.com, Bartercard, The Sukhothai Hotel, inbound tour operator Diethelm, and IT news provider Ziff Davis Asia Pacific.
The Web portal is currently being translated into Thai, thus opening up an even larger market.
The total acquisition cost is US$2.5 million. Of this amount, US$1.25 million is being used to acquire 40% of the shares on issue in I.T.Internet-Traders Co.,Ltd and a further US$1.25 million being provided as working capital to I.T.Internet-Traders Co.,Ltd for the on going development of the portal eThailand. Under the Agreement an amount of US$380,000 was required to be paid by 29th February 2000. This amount has been paid.
St Francis has made a separate announcement today as to how it intends to fund this acquisition.
I Sandover DIRECTOR
FUNDING OF NEW ACQUISITIONS
Following today's announcement regarding the purchase of a 40% interest in eThailand.com, the recent announcement regarding the acquisition of Gas Research Australia Ltd and the ongoing development of Bluefire Gas Ltd, the Company will require additional capital.
The Board of St Francis wish to give shareholders the opportunity to participate in the ongoing expansion of the Company.
There will be three stages to the new funding package:
1. It is proposed that St Francis will issue a prospectus for a non-renounceable pro rata rights offer of up to 261,094,363 fully paid ordinary shares at a price of 2.9 cents per share to Shareholders of the Company on the basis of 1 new Share for every 4 Shares held on the registration date, to raise approximately $7,571,737.
2. On finalisation of the rights issue, the Company will seek shareholder approval to reconstruct its then existing capital on the basis of 1 share for each 10 currently held, Options currently on issue will be reconstructed on a similar basis, Based on the current market for the company shares as at today's date we would expert the reconstructed shares to trade around 32 cents to 40 cents.
3. It is then proposed that the Company will undertake a pro-rata non-renounceable options issue on the basis of 9 options for every 10 shares held after the reconstruction. The price of the options will be issued for an issue price of 2.0 cents per option with an exercise price of 20 cents per option and an expiry date of 31 May 2002.
It is proposed that these issues will be completed as quickly as possible.
The Company has commenced talking with potential underwriters of the issue.
St Francis Mining Ltd is:
* Debt free,
* Has approximately $1.2 million dollars in the bank,
* Has an agreement to acquire 40% of eThailand.com.
* Owns 100% of Bluefire Gas Ltd'
* Owns 100% of Gas Research Australia Pty Ltd.
* Owns 50% of the Chacarilla Copper Project in Bolivia, and
* Owns 100% of various Gold and Nickel assets, including a gold processing plant, at Coolgardie in Western Australia.
* Listed on the OTC markets in Berlin, Frankfurt, Hamburg, Stutgart and Munich.
* Continues to actively negotiate and seek other business opportunities.
Has a proven track record of acquisition and divestment.
I Sandover DIRECTO ---------- Auch alle restlichen News, wie Schuldenlage (keine), weitere Ziele usw usw. lassen sich alle sehr gut sehen. Da könnte man jetzt vielleicht mal wieder auf einen WErt stoßen, der weit unterbewertet ist und wie viele andere Minenwerte seinen (gutes) Glück im Internetsektor sucht (und findet !)
EUER CHECKIT
|