WAIHI GRAND JUNCTION.
DEVELOPMENT OF THE MINE. CPkk United Phess AUCKLAND, April 21. At the adjourned meeting of shareholders in the Waihi Grand Junction Gold Mining Company to-day it was decided to form a , committee to consider carefully the question of raising sufficient capital to explore ,atnd test the western section. The mover suggested that the shares should he written 'down to 10s a share, the “present shareholders to receive one for each two now held. This would leave 200,000 shares to be offered first to the shareholders as contributing 10s shares, and if these were not absorbed by the present shareholders, any balance might be offered to the public. ■ A motion that the company’s office be transferred from London to New Zealand was carried.
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Otago Daily Times, Issue 19461, 22 April 1925, Page 8
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125WAIHI GRAND JUNCTION. Otago Daily Times, Issue 19461, 22 April 1925, Page 8
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