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[QUOTE]Originally posted by SeekingFreedom: [QB] http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6038832 [i] SHARE REPURCHASES :- On July 8, 2008 the Company purchased an amount of 500,000,000 "free trading" shares of its Common stock at a price of US$0.01444 per share of Common Stock. This pricing being based upon the Company's Net Asset Value per share as at July 7, 2008. The cost of this repurchase was in the amount of US$7,220,000.00. This was settled through the transfer of an amount of 6,016,666,667 restricted shares of the Company's stockholding in Hunt Gold Corporation (HGLC.PK) and at a price of US$0.0012 per share of Hunt Gold Corporation's Common Stock; to the vendors of these "free trading" shares of the Company's Common Stock. This is calculated at the Hunt Gold Corporation's market price of US$0.0012 per share on July 3, 2008. The Company has instructed its Transfer Agent to cancel these shares of the Company's Common Stock and in the amount of 500,000,000 "free trading" shares of Common Stock. On July 8, 2008 and on July 9, 2008, the Company purchased an additional amount of 7,160,000,000 "free trading" shares of its Common stock at a price of US$0.01444 per share of Common Stock. This pricing being based upon the Company's Net Asset Value per share as at July 7, 2008. The cost of this repurchase was in the amount of US$103,390,500. This was settled through the transfer of an amount of 177,494,421 Ordinary Shares of Western Diversified Mining Resources, Inc.'s stockholding in Bouse Mining Holdings plc and at a price of US$0.5825 per share of Bouse Mining Holdings plc Ordinary Stock; to the vendors of these shares of the Company's Common Stock. The Company has instructed its Transfer Agent to cancel these shares of the Company's Common Stock and being in the amount of 7,160,000,000 "free trading" shares of its Common Stock. [/i] [/QB][/QUOTE]
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