/Corrected/ From May 24 the shares of OJSC "Jairemskii GOK" (Kazakhstan) are on non-listed floor of KASE
24.05.00 00:00
/IRBIS, May 23, 00, retransmitted due to an error in NIN of the shares/ -
Based on the application of the trade member of Kazakhstan stock exchange
(KASE) from May 24 of current year preferred inscribed shares of OJSC
"Jairemskii gorno-obogatitelnyi kombnat" (OJSC "Jairemskii GOK,
Jairem community, Karagandy region, trade code - JGOKp) will be admitted
to the trades in "Non-listed securities" sector under the second admittance
level. The shares of the third issue (KZ1P13591015) are admitted into the
trades.
Announced and paid authorized capital of OJSC "Jairemskii GOK"
(successor of JSC "Sary-Arkapolimetall") is 7,534,298.00 U.S. dollars. Total
of 3,767,149 inscribed shares were issued, of which 9,689 - preferred. Face
value of a share is 2.00 U.S. dollars.
Primary activities of the company: geological survey, development of the
deposit site, extraction, processing and sale of ore and non-metallic
minerals.
First two issues of the shares were cancelled because of the changes made
in the amount and structure of the third issue, which is registered on June
24, 1999.
The first and second issue shares of OJSC "Jairemskii GOK" were in trade
lists of the Exchange ("Non-listed securities" sector, second admittance
level, SAPM, SAPMp) from July 23, 1998 through October 5, 1999. Since the
admittance of the shares to the trades at KASE on May 4, 1999 a single deal
was made in preferred shares.