FINANCING (September 25, 1989)

Golden Pick Res — 250,000 com & 250,000 flow-through offered @ 50 cents per sh

Mad River Res — 670,000 offered @ 33 cents per sh

Southern Cross Gold — 700,000 offered @ 35 cents per sh

Luken Res — min 575,000 offered @ 40 cents per sh

Rock Creek Res — 1,000,000 offered @ 35 cents per sh

South Unuk Gold — gross proceeds rec $250,000

Braemount Res — 500,000 Cl A com offered @ $1 per sh

Key Largo Res — min 500,000 offered @ 50 cents per sh

Kirby Egy — 800,000 sold for gross $280,000 Lorica Res — 635,000 (345,000 com & 290,000 flow-through) offered @ 35 cents per sh

Thios Res — 1,250,000 sold for gross $1,275,000

]]>