FINANCING (January 15, 1990)

Major General Res — 500,000 offered @ $1.50 per unit.

Team Res — 700,000 offered @ 70 cents per sh.

Ber Res — 300,000 com & 300,000 flow- through offered @ 40 cents per sh.

Forbes Res — min 650,000 offered @ 40 cents per sh.

Fortune Bay Res — 800,000 units offered @ 50 cents per sh. Min subscr of 500,000 units.

Strike Egy — min 250,000 & max 1,000,000 offered @ $1.90 per unit.

Worthington Res — 400,000 offered @ 35 cents per com sh & 250,000 offered @ 45 cents per flow- through sh.

Thumper Res — 800,000 offered @ 35 cents per sh.

AMD Res — 200,000 sold for gross $50,000.

Cross Lake Minerals — 500,000 sold for gross $400,000.

Highwater Res — 400,000 com & 150,000 flow-through offered @ 50 cents per sh.

Island-Arc — 600,000 offered @ 55 cents per sh.

Multiplex Res — min 675,000 offered @ 35 cents per sh.

Nortran Res — min 600,000 offered @ 47 cents per sh.

Westwego Res — min 700,000 offered @ 33 cents per sh.

Excellon Res — min 650,000 offered @ 35 cents per sh.


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