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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: 2 questions for the company---CJR
9
Jan 04, 2010 03:16PM

Pender, RF being the Deputy Chairman of Kingway Internation Holdings which is referred to here as KIH (Macau).

"In August 2009, KIH (Macau) Ltd, a subsidiary of a company which retains the Chairman and CEO of the Company as a director, entered into an agreement with the Company to provide advisory services until December 31, 2009 with a renewable clause for an extension of three months. The advisory fee includes a work fee and a success fee which are only payable upon the fulfilment of certain conditions. For the period ended September 30, 2009, there was no advisory fee paid by the Company in relation to this advisory agreement."

As for the advisor on the Noteholder claim I am not sure if they are one in the same, I haven't been able to figure that out yet. In the 10Q it says they engaged a financial advisor.

1
Jan 04, 2010 05:08PM
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