FINANCING (July 19, 1993)

Southwestern Gold Corp. — 800,000 shs @ $1.00.

Eurus Resource Corp. — 1,500,000 units @ $1.19 and each unit consists of sh and 2 wts and 2 Series A wts purchase sh.

Glamis Gold Ltd. — 2,000,000 shs issuable upon exercise of special wts @ $5.625 per special wt and 1,250,000 shs @ US$8.625.

Vero Resources Ltd. — 2,400,000 shs issuable upon exercise of special wts @ $2.10 per special wt.

Inter-Rock Gold Inc. — Offering of rights to subscribe for units where each unit consists of sh and sh purchase wt @ six rights + 60 cents per unit.

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