FINANCING (July 11, 1988)

ONTARIO

Chester — final rec iss offer 600,000 @ 80 cents per sh to net $240,000. RELEASED FROM ESCROW

Sharpe — 185,000 shs released. VANCOUVER

Accura — 500,000 sold for gross $175,000.

Goldrite — 800,000 offered @ 60 cents per sh.

MDE — gross proceeds rec $200,000.

Ebony Gold — 600,000 sold for gross $240,000.

Golden Exodus — 1,000,000 offered @ 40 cents per sh.

Greystoke — 500,000 sold for gross $175,000.

Rattler — 450,000 sold for gross $202,500.

Christina — 800,000 sold for gross $360,000.

Goldways — 350,000 sold for gross $350,000.

Tigris — 550,000 sold for gross $192,500.

Booker Gold — opt exerc on 100,000 @ 38 cents per sh.

Doron — opt exerc on 200,000 @ 70 cents per sh.

Sulphurets Gold — 500,000 offered @ min 60 cents per sh.

Thomson Gold — 800,000 offered @ 50 cents per unit.

Tungco — 700,000 sold for gross $547,000.

Volcano — 800,000 sold for gross $288,000.

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