FINANCING (December 12, 1988)

ONTARIO

Augmitto Expls. — final rec iss offer min 750,000 & max 2,000,000 @ $4 per Cl A spec sh to net min $2,760,000 & max $7,360,000.

Dynalta Egy — final rec iss offer min 3,000 & max 10,000 @ $1,000 per unit to net min $2,760,000 & max $9,200,000.

Whitney Porcupine — final rec iss offer 600,000 @ $1 per sh to net $300,000.

VANCOUVER

Big Strike Res — 650,000 sold for gross $260,000.

Tempo Res — min 400,000 offered @ 35 per sh.

Panorim — gross proceeds rec $175,000.

Quote Res — gross proceeds rec $390,000.

Spur Ventures Inc — 500,000 sold for gross $175,000.

Tempo Res — gross proceeds rec $140,000.

Loumic Res — min 500,000 offered @ 40 per sh.

Bayridge Devel — min 550,000 offered @ 45 per sh.

Blue Emerald Res — min 525,000 offered @ 40 per sh.