FINANCING (October 28, 1991)

International Corona Corporation – 300,000 class A Subordinate voting shs offered @ $8.25 per sh.

Garde, Mining Exploration Company Inc. – 860,000 units consisting of 1 class A sh and 1 wt offered @ 45 cents per unit.

Southern Alberta Mining Company – 2,000,000 shs offered @ 10 cents per sh. Galleon Mining Ltd. – 300,000 shs offered @ 35 cents per sh, also 400,000 flow-through shs offered @ 45 cents per sh.

Golden Havilah Resources Inc. – 1,400,000 units consisting of 1 sh and 2 series A sh purchase wts offered @ 50 cents per unit.