FINANCING (May 13, 1991)

Gagan Gold Corp. — 600,000 shares offered @ 50 cents per share.

Idaho Consolidated Metals Corp. — 750,000 units consisting of 1 sh & 1 wt offered @ 55 cents per unit.

Golden Ring Resources Inc. — 1,400,000 units consisting of 1 sh & 2 wts offered @ 50 cents per unit.


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