NEWS ROUNDUP — Yamana funds Argentine programs

Washington state-based Yamana Resources (YRI-T) has raised $4.7 million through a special warrant financing, with each special warrant priced at $1.

Each special warrant entitles the holder to acquire, for no additional consideration, one share and a half warrant. Each whole warrant will entitle the purchase of an additional share at $1.30 before May 27, 2000.

Proceeds will be used to explore properties in southern Argentina.