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SUPPLIERS NEWS ROUNDUP — Haulage firm buys into Nunavut company

Posted By: Northern Miner Staff March 29, 1999

Transport firm Braden-Burry Expediting is set to buy a 35% interest in Nunavut-based Peter’s Expediting.

Northwest Territories-based Braden-Burry will pay owner Stewart Holdings $87,500 for its interest, including a debt of $35,000. Both companies are controlled by Gordon Stewart.

A separate agreement calls for Peter’s to pay Braden $2,000 per month for consulting services.

Peter’s largest client is Cumberland Resources, which operates the Meadowbank gold project in Nunavut.

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COMPANY: Cumberland Resources LtdMeadowbank Mine
 

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