FINANCING (August 01, 1988)

Posted By: Northern Miner Staff August 1, 1988

ONTARIO Released From Escrow

PPC Oil & Gas Cor. — 230,103 shs released. VANCOUVER

Vishnu Res — gross proceeds rec $152,000.

First Star Egy — opt exerc on 120,000 @ $0.3025.

Killick Gold — gross proceeds rec $8,659.83.

Abac Res — 450,000 sold for gross $180,000.

Lucky 7 Expl — 500,000 sold for gross $300,000.

Winters Gold Hedley — gross proceeds rec $215,000. VANCOUVER

Bakra Res — min 600,000 sold for gross $210,000.

Allied Northern Res — final rec iss offer 1,010,000 @ $1.50 per sh.

GWR Res — 500,000 offered @ 55 cents per sh.

Manhattan Mineral — gross proceeds rec $187,500.

Wedgewood Res — min 350,000 offered @ 35 cents per sh.

Suntac Minerals — min 500,000 offered @ 50 cents per sh.

Valerie Gold — min 400,000 offered @ 45 cents per sh.