Latest News
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Financials
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Capitalization: World Wide currently has
95,246,499 common shares outstanding. The Company has granted 8,000,000
incentive stock options. If fully-exercised this would result in
fully-diluted common shares outstanding of 103,246,499.
The common shares of
World Wide are eligible to trade in the over-the-counter market. The
shares were listed on the Toronto Stock Exchange (TSX) until August 2000
at which time they were de-listed for failure to meet the continuing
listing requirements of the TSX at that time. It is the intention of
World Wide to obtain a new listing or quotation of its common shares as
soon as practicable. |
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New Activities |
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The Company is looking at additional new investments in the
minerals field, including acquisition and development of mineral
exploration properties, mining operations and related assets. |
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Reorganization and Stock Listing |
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While the Company primarily concentrates on the Kazakhstan
investment recovery, it also has been pursuing a corporate
restructuring with a view to a re-listing of its shares on an
appropriate stock exchange or other trading platform so as to
provide liquidity to its shareholders. Efforts are being made
to re-position the Company as a mineral exploration, development
and operating company so as to benefit from what appears to be a
recovery in commodity prices and an improving investment
attitude toward the metals and minerals sector. This effort may
take the form of a spin-off to the Company’s shareholders pro
rata of the shares of its present wholly-owned subsidiary, World
Wide Energy Corporation (formerly WWM Mining Corporation), which
has been considering entering the uranium industry in North
America. |
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For further
information please contact:
Paul A. Carroll, President and CEO
211 Queen’s Quay Blvd., West, Suite 917
Toronto, Ontario, Canada, M5J 2M6
Telephone: 416 369 7217
paul.carroll@worldwideminerals.com
info@worldwideminerals.com
Lina Noble, Vice-President Finance and
Corporate Secretary
info@worldwideminerals.com |
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