NEW LISTINGS — Atapa upgrades to Montreal listing

Junior Atapa Minerals has begun trading on the Montreal stock exchange under the ticker symbol AML.

The listing was the final requirement for Atapa to receive the remaining $1.56 million in net proceeds from a private placement completed last September. At that time, the company was granted one-half of the $3.1 million in gross proceeds (T.N.M., Oct.6/97); the remaining funds were held in escrow.

Atapa will use the proceeds for corporate purposes and to continue exploration and development work at its Cikidang-Cikotok gold property in western Java, Indonesia. The company holds a 71% interest in the larger Cikotok exploration concession and a 66.5% interest in the Cikidang mining concession, where it is focusing most of its attention. The remaining interest in both concessions is divided between a private Indonesian company and the state-owned mining company Aneka Tambang.