News in Brief (October 16, 1989)

KAP Resources (KAR:VSE) has subdivided its shares on a 2-new- for-1-old share basis. Transfer agent is Pacific Corporate Services.

Grand China Resources has changed its name to New China Resources Ltd. (NEC:VSE) on a 1-new-for-5-old share basis. Transfer agent is Montreal Trust Company.

Sellectek Industries Inc. has changed its name to Global-Pacific Minerals Inc. (GPJ:VSE) on a share- for-share basis. Transfer agent is Central Guaranty Trust Company.

Acacia Mineral Development Corp. has changed its name to AMD Resources Corp. (ASZ:VSE) on a 1-new-for-5-old share basis. Transfer agent is Montreal Trust.

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