Show Merger Joins Two Uranium Ore Firms Los Angeles Calif September 8 1956 The 1956 The Board of Directors of Mountain Top Mining Milling Co announced that they had voted voted vot vet ed to merge their firm with Giant Mines of Nevada listed on the San Francisco Mining Exchange A meeting df of stockholders of Mountain Top was called for October Oct ober 15 to approve the board ac ac- ac tion Such a move places Mountain MountainTop MountainTop MountainTop Top in a long range program of the Giant firm that already has interests In the Joe Commodore mine in Nevada and a major in interest interest In in- terest in Country Club Charcoal a diversified industry in the new outdoor living field Moun Mountain Top will bring into Giant that are producIng producing producing ing in the base and precious metals metals met met- als field as well as uranium and oil Base metals metal properties include in In- clude elude the Little Dora Mine near Silverton Colorado in the heart of one of the most famous mining areas of the west as aswell aswell aswell well as the Specie Payment Mine rear near Central City Colorado one of the more famous mines in the area described as the Million Dollar Hill from which more than million was mined during the years Uranium production for Moun- Moun an Top includes some holdings P P e olora-lo olora Plateau on Teni Ten- Ten i Mesa lesa In the oil producing eld th the firm has just completed r ir in Osage Mountain Top holds adoral ad ad- oral leases in this county that t i n o one per cent of th the theire e ire re U. U S. S output Chairman of the board of Moun tain Top is s Joe Cooper one of the former owners of the famous Happy Jack Mine In White Canyon Can Can- Canyon yon Utah This mine was sold to toa a combine of the Texas Company and New Jersey Zinc for a sum reported to be around 15 million just recently President of Mountain Moun Moon tain tamn Top Is Col T T. R. R of Los Angeles an industrial counsel counsel counsel coun coun- sel and one of the more popular figures In the uranium and ming mining min ing fields today Mountain Top board took the move to allow room for expansion that has not been possible on firms not listed on an exchange To obtain in such an agreement as ashe the he one with Giant on the San Francisco Mining Exchange the country's oldest is considered a areat great reat move toward expansion of both both oth firms Reports Indicate that the members members mem- mem bers of the officers and directors staff of Mountain Top will be Integrated In In- into the Giant firm as time progresses On the merger to be voted ten shares of Mountain Moun Moon taro tain Top will be exchanged for each share of Giant to stockholders ers of record as of September 1st 1956 |