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Written by THE CANADIAN PRESS
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Monday, 25 August 2008 |
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TORONTO - Nirek Resources Inc., a Canadian company exploring for precious and base metals, has offered to buy up to 20 per cent of Ofek Capital Corp., a North American management and holding company.
The offer announced Monday is for one Nirek share for five Ofek shares and is open only to Ofek shareholders in the United States.
Ofek holds a 25 per cent interest in Kaptor Financial Inc., an Ontario based financial company involved in merchant banking and automotive financing.
Nirek Resources is developing the Sarah Lake property in Quebec, 85 kilometres south of Wabush, Labrador, where deposits of copper, nickel, gold and several other minerals have been discovered.
It's also in the process of completing a joint venture involving a gold producing property in Peru.
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Last Updated ( Monday, 25 August 2008 )
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