First I Have heard of this im sure there has been an announcement by FAS
Western Gold issuing shares to anyone holding GWR at a rate of 0.2707 for 1
FAS holding- 23,297,958
NEW WG shares at ratio 0.2707 for 1 = 6,306,757
with opening value of 20c = $1,261,351
not a bad little investment think it was worthy of an announcement.