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By Alan Fein

Business Internet Marketing Bema Gold Corporation urged shareholders to ignor a "mini-tender" offer by Toronto-based TRC Capital. Bema Gold said it was 3.7% below the market when the stock was at $3.01.

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mentioned authorisations of sales via the stock market or outside the stock market can be exercised once or several times, wholly or partially, individually or collectively. The Management Board will inform the General Shareholders' Meeting of the reasons and purpose of acquiring its own shares, on the number of acquired shares and on the ordinary share capital amount allocated to them as well as on the nominal value that was paid for the shares.

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Ebook Internet Marketing Aug 25, 2004 (AXcess News) Toronto - Bema Gold Corporation (AMEX: BGO) urged shareholders to ignor a "mini-tender" offer by Toronto-based TRC Capital. Bema Gold said it was 3.7% below the market when the stock was at $3.01.

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Business Home Internet The offering documentation, dated August 5, 2004, indicates that TRC has offered to purchase up to 12.5 million common shares of Bema Gold, representing approximately 3.5 percent of Bema Gold's outstanding share capital for a price of $2.90 per share in cash.Late Tuesday, Bema Gold released an announcement that pointedly told shareholders that the company was not endorsing their offer.

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Internet Marketing Site Web Shares of Bema Gold closed at $3.18 on the Toronto Stock Exchange Tuesday, which the company made a point of in their announcement.

Based Business Home Internet The stock continued its upward climb Wednesday, closing at $3.30 on the TSX, up 3.7%.AdvertisementAXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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