PORATION LIMITED

ys of Canada)

nber 30, 1960

LIABILITIES

Current:
Accounts payable and accrued charges $ 781,858
Dividend payable October 28, 1960 ___ Reet: poet te Ree ee Pe 594,000
Tames payableporstion Listed. incl ite only assets are miners] claines, + 369,155 $ 1,745,013
Accumulated tax reductions applicable to future years (note 2); the niminsl - 1,285,000
Capital and surplus:
Capital —
Authorized: 4,000,000 shares without nominal or par value
Issued: Be OPIPO0 Shares.) co ee eat eae ier ores $8,468,745
Pree SUteN (6c) see iat ot gs a ees gh ie me See 8,341,489 16,810,234

On behalf of the Board:

F. M. CONNELL, Director.

C. R. ELLIOTT, Director.

$19,840,247

the financial statements.

Pace SEVEN