FINANCING (May 22, 1989)

Brooklyn Res Inc — gross proceeds rec $250,000.

Fair Harbour Mng — gross proceeds rec $280,000.

Athabaska Gold Res — opt exerc on 250,000 @ 52 cents per sh.

Glider Devel Inc — 600,000 sold for gross $600,000.

RGV Res Ltd — gross proceeds rec $149,934.56.

Great Northwest Res — 700,000 sold for gross $245,000.

Seaview Res Ltd — 675,000 sold for gross $236,250.

Commander Res Ltd — min 500,000 offered @ 49 cents per unit.

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