does redback mining own 13% issued capital?

http://media3.marketwire.com/docs/redbackpr.pdf

Am just listening to the Rodman and Renshaw conference in New York again (on Sept 11, 2009) when Mineral Deposits Limited's MD implies that corporate activity is imminent.

http://www.wsw.com/webcast/rrshq15/mdl.ax/

I was unaware (until just now) that Red Back Mining already hold approximately 13% of MDL's issued capital.

2 projects-

(1)Sabodala (Senegal)producing gold mine and treatment plant approx. 240,000 ounces p.a.

(2)Possibly second largest undeveloped Zircon deposit in the world with approx. 40 years production (again in Senegal)...mine engineering mostly completed but plant not constructed.