Temagami Mining Company Limited ("Temagami") has informed the Corporation that as at March 1, 2012, it beneficially owned, or exercised direction or control over, directly or indirectly, 4,300,000 Class A common shares (representing 45.97% of the Class A common shares outstanding) and 860,000 Class B subordinate voting shares (representing 0. 0.15% of the Class B subordinate voting shares outstanding) of the Corporation, which shares represent 28.50% of the total votes attached to the combined outstanding Class A common shares and Class B subordinate voting shares.
Keevil Holding Corporation beneficially owns 51% of the outstanding shares of Temagami, and SMM Resources Incorporated ("SMM"), a wholly-owned subsidiary of Sumitomo Metal Mining Co. Ltd. ("Sumitomo"), beneficially owns 49% of the outstanding shares of Temagami.
Keevil Holding Corporation - Info
Description:
Business Number: 102787868RC0001
Governing Legislation: Canada Business Corporations Act (1979-07-25)
Minimum number of directors: 3
Maximum number of directors: 5
Present and/or previous directors
Keevil, Harold B. British Columbia, Vancouver
Keevil, Norman B. British Columbia, Vancouver
Keevil III, Norman Bell British Columbia, Vancouver
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The richness of Schaft Creek’s copper grade is “pretty dramatic,” Dr. Keevil Jr. says. Despite the high cost, the development date probably would be earlier if there were power in the are, he adds. However, hopes for a new B.C, Hydro plant near the site so far are just that – hopes.
