FINANCING (March 05, 1990)

ONTARIO

Sindor Res — final rec iss offer 2,200,000 @ 50cents per unit to net $1,001,000. VANCOUVER

Black Rock Nevada — 800,000 sold for gross $360,000.

Fortress Res — opt exerc on 175,000 @ 40cents per sh.

Sarabat Gold — min 500,000 offered @ 50cents per sh.

Cons Rideau — gross proceeds rec $90,070.

Gold Summit — min 800,000 offered @ 35cents per sh.

Tatler — 1,000,000 offered @ 20cents per sh.