FINANCING (August 28, 1989)

Canamax Res — final rec iss offer 850,000 @ $1.50 per sh to net $1,275,000

Firesand Res — final rec iss offer 2,400,000 @ 40 cents per sh to net $600,000 VANCOUVER

Ravenroc — 1,500,000 offered @ 40 cents per unit

Redding Gold — gross proceeds rec $227,500

Aatra Res — 675,000 sold for gross $236,250

Kestral Res — 1,400,000 offered @ 55 cents per sh

Magenta Devel — 1,500,000 offered @ 40 cents per unit

Nautilus Res — 300,000 offered @ 45 cents per sh

South Unuk Gold — 625,000 offered @ 40 cents per sh

American Bullion Minerals — min 500,000 offered @ 45 cents per sh

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