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Article: Stansbury Holdings Corporation Reports on Expansion of Winter Garnet Operations, 4000 New Shareholders, and Scheduling of Annual Shareholders Meeting.
- Article from:
- PR Newswire
- Article date:
- December 21, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DENVER, Dec. 21 /PRNewswire/ --
Stansbury Holdings Corporation (OTC Bulletin Board: STBY) reported today that it will gain approximately 4000 new shareholders as a result of the distribution of restricted Stansbury shares by Absolut Resources Corp. (Canadian Dealer Network: ALR) to its shareholders on a pro rata basis. Absolut acquired the shares of Stansbury in a share-for-share transaction by which Stansbury acquired Sweetwater Garnet, Inc., owner and operator of the Sweetwater garnet mine and mill near Dillon, Montana.
Stansbury further announced that its annual shareholders meeting will be set for Saturday, April 29, 2001, at a location in the ...