ALEXANDER NEWS INTERNATIONAL INC ("AWS-ALBERTA")
- Shareholder Meeting Date
April 23, 1997
Alexander News International Inc. announced recently that it has mailed to its shareholders an
information circular and proxy materials in respect to a special shareholders' meeting to be held on
May 9, 1997. At that meeting, the shareholders will be asked to vote on managements' previously
announced proposed acquisition of a gold exploration property, consisting of 3 Exclusive
Prospecting Orders and 16 claims in Zimbabwe, covering approximately 35,000 hectares. This
property is at the early exploration stage and there is no assurance the Corporation will be able to
find any commercial quantities of gold or other minerals. In addition, the meeting will also be asked
to approve concurrent private placements to fund its planned exploration programs, and name
change, tentatively to Apex Resources International Inc. Alexander disposed of its newspaper
business on January 31, 1997 for $52,000 and the assumption of the operating and bank liabilities
associated with that business to Byron Cox, former vice president of Alexander.
The common shares of Alexander are listed on The Alberta Stock Exchange and trade under the
symbol AWS. halted at the Corporation's request on October 31, 1996, upon the announcement of
this proposed reverse take-over, the Corporation has been advised that its shares will commence
trading on Wednesday, April 23, 1997.
TEL: (403) 267-8165 D. Richard Skeith, Secretary FAX: (403) 267-5973 |
