At such time as the Company has completed its assessments of these sites, and the proposed projects and obtained the necessary information and assurances, and has prepared a comprehensive business plan for completing a power generation project on at least one of such sites (or other such sites as may be identified) and believes that it is feasible to proceed with
the implementation of the business plan, the Company will be required to comply with Policy 5.
BRIDGE said that the parties to that agreement have elected not to enter into a definitive agreement regarding a prepackaged filing and that instead, Bridge will now proceed with
a normal Chapter 11 reorganization.
These successful financings provide us with a solid cash position from which to proceed with
our plan to commercialize our proprietary lubricating base oil technology.
According to the letter, Asarco and Cyprus Amax would be willing to proceed with a three-way combination with Phelps Dodge if its proposed exchange ratios are increased, if Phelps Dodge fully underwrites the risk of antitrust problems with its proposal and if the contract terms mirror those of the Asarco/Cyprus contract.
In order for us to proceed with Phelps Dodge, you must make clear
This allowed the Company to proceed with a new investment group to complete an interim private placement this past week.
The Company also announced that it is continuing financing efforts with this new investment group and will be making application to the ASE to proceed with a further private placement financing.
Attwood: Attwood will proceed with
the special warrant private placement announced on July 11, 1996 as to 1.