News in Brief (January 01, 1990)

Pegasus Gold (TSE) has declared a 10 cents (US) dividend on its common shares payable Jan 5 to shareholders of record Dec 22.


Bresea Resources (ME) purchased 182,600 shares of BRE-X Minerals (ASE) to increase its interest in the latter to 49%.


Gold-Medal Resources has changed its name to Rare Earth Resources Ltd. (REZ:VSE) on the basis of one new share for 2.5 old shares. Transfer agent is Montreal Trust Company.


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