Correction (October 24, 1994)

A report in our Oct. 17 issue incorrectly stated that Atlas (NYSE) will combine Granges (TSE), Hycroft Resources & Development (TSE) and Dakota Mining (TSE) into one company.

Atlas does plan to initiate amalgamation discussions with Granges, Hycroft and Dakota, once it has shareholder approval to buy a 19.9% ownership position in Dakota Mining. No terms for a business combination have been determined, nor have formal discussions been held. Atlas holds a 37.2% equity interest in Granges, which in turn holds a 50.5% interest in Hycroft.