Gold News

Nirek offers investors gold bullion warrant

Canadian gold exploration company Nirek Resources has announces a new gold-related investment possibility for shareholders.

For every 10,000 shares held in Nirek by the end of November, the company promises that the investor will receive a gold bullion bar warrant.

Likely to act as an incentive to those looking to buy gold, the special bullion bar will weigh in at one ounce and will command an exercise price of $500, to be redeemed at a designated Zurich bank.

Exercise prices for the gold warrant are higher for stocks acquired earlier in the year, totalling $700.00 for January 2007 investors, but the deal is still likely to appeal to gold enthusiasts.

Nirek is a gold company focusing on the exploration and mining of metals in the US and Canada, working through a series of joint ventures and mine and property acquisitions.

With gold prices rising beyond expectations over recent months, many gold mining firms and other related to the industry have seen their shares rise considerably in value.


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