We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pinnacle | LSE:PCL | London | Ordinary Share | GB00B1899T70 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.875 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
17/10/2006 13:15 | Is this the Pinnacle that was broken off NESTOR? | killieboy | |
19/4/2006 13:36 | What about dilution from options and warrants? | ccorton | |
18/4/2006 10:54 | DISPOSITION of Golden zone and South Estelle =========== Shares O/S: Old number.. : 16,255,167 Extinquished :. 4,100,000 New number.. : 12,155,167 x C$0.20 = C$2.3mn MktCap x Ratio .... : x 1.75 HIF shares.. : ?? Each PCL share will be backed by 1.75 shares of HIF Thus: 1.75 x 10p x C$2.00approx = C$0.35 approx. of backing for each PCL share | energyi | |
11/4/2006 15:13 | The discount is too large. And the current price assumes the rest of the company is worth nothing | energyi | |
09/4/2006 22:23 | Sure....but they still have an asset.....fyi I no longer hold, but will follow. | holdontightuk | |
09/4/2006 22:10 | Holdon - as I understand the disposition: if it goes through then Piper will receive a huge number of hidefield shares - but these will then be held by the company and won't be doled out to shareholders. Hence the discount in terms of price compared to owning hidefield directly. | ccorton | |
29/3/2006 08:40 | PCL's management is just getting this company setup for a push. They needed to bring in some ne directors, and get them psoitioned with options I reckon. Then the marketing push will start. | energyi | |
28/3/2006 20:56 | Hope you are right, E. The main reason I bought these last week was as a cheap entry into HIF. I have had a look at Copper Prince today and cant find anything especially bullish...in fact the MBMI website is quite downbeat about it. | holdontightuk | |
28/3/2006 19:33 | They needed to have a mining property to keep their listing in proper order I reckon this is just a first step. More coming... | energyi | |
22/2/2006 19:31 | Piper Capital Inc.: Piper Signs Agreement with Hidefield Gold plc; Disposition of Mineral Property 2/22/2006 VANCOUVER, BRITISH COLUMBIA, Feb 22, 2006 (CCNMatthews via COMTEX) -- Piper Capital Inc. (TSX VENTURE:PCL) ("the Company" or "Piper") announces that it has entered into an agreement with Hidefield Gold plc, ("Hidefield") which contemplates the sale (the "Disposition") to Hidefield of all of the Company's right, title and interest in and to the Golden Zone and South Estelle mineral projects in Alaska (the "Properties"). Piper currently holds jointly with Hidefield, a 60% interest in the Properties, and holds jointly an option to earn up to 100% interest, subject to a 2.5% NSR, by making a series of staged cash, stock, and property expenditures. Hidefield is a publicly-listed mineral exploration company trading on the Alternate Investment Market ("AIM") of the London Stock Exchange under the symbol HIF. In addition to the joint interest above, Hidefield currently holds 2,500,000 common shares (a 15.38% interest) of Piper, and John Prochnau and Ken Judge, directors of Piper, are also directors of Hidefield. As consideration for the Disposition, Hidefield is to pay Piper a refundable deposit of $50,000 (paid), and issue 1.75 common shares of Hidefield (the "Hidefield Shares") for every one issued and outstanding share of Piper (the "Piper Shares") as at the date hereof. Prior to the closing of the Disposition (the "Closing") Hidefield will have acquired the shares of Piper held by Mines Trust Company (1,600,000) and will use commercially reasonable efforts to acquire the shares of Piper held by certain institutional shareholders in accordance with available exemptions from the takeover bid rules. On the Closing, Hidefield will surrender any Piper Shares then held by it for cancellation which will have the effect of reducing the issued share capital of Piper. As a consequence, the number of Hidefield shares Piper will receive on the Closing is directly proportional to the number of Piper shares issued and outstanding at the Closing on an undiluted basis. The closing trading price of Hidefield on February 20, was 8.66p (approximately CDN$0.17). Piper has the option of terminating the transaction, if the average closing trading price of Hidefield shares for the 10 business days immediately preceding the Closing is less than 6p. Hidefield has also agreed to extend to Piper a non-interest bearing six month line of credit of up to $200,000. David Tafel, director comments, "The net effect of this business decision and corresponding disposition of Piper's interest in the properties will enable Piper to maintain an indirect interest in the Alaskan projects, and exposes the Company to additional mineral projects being developed by Hidefield in Canada and internationally, through the ownership of Hidefield shares. Post transaction, Piper will retain a very attractive share structure, thereby creating a solid platform to acquire majority-owned mineral projects of merit with attractive economics." In order to give effect to the Disposition it is contemplated that as at closing of the transaction Hidefield will have acquired the Properties through the purchase of a newly formed Alaskan company ("Newco"), in which Piper holds or will by then hold, the Properties. Hidefield will therefore effect the acquisition of the Properties by acquiring all of the issued and outstanding shares of Newco. Upon closing of the transaction, Kenneth Judge, John Prochnau and David Cowan will resign as directors of the Company. | energyi |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions