Hill 50 to pay maiden dividend

MT MAGNET miner Hill 50 Gold yesterday announced its maiden unfranked dividend of 4.5c after posting a net profit of $11.73 million for the year just ended, up 34% from $8.75 million in 1999-2000.

Hill 50 to pay maiden dividend Hill 50 to pay maiden dividend Hill 50 to pay maiden dividend Hill 50 to pay maiden dividend Hill 50 to pay maiden dividend

The result was achieved from the sale of 203,575 ounces of gold at an average gold sale price of $504/oz.

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