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Gold/Mining/Energy : Gronarctic Energy Inc
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To: George J. Tromp who wrote (31)5/6/1998 10:01:00 PM
From: Wats   of 32
 
Prospectus withdrawnÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
gronArctic Resources Incÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ GOR
Shares issued 3,629,588ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ May 5 close $0.31
Wed 6 May 98ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ News Release
Mr. Theodore Renner reports The company has withdrawn its preliminary prospectusÿ previouslyÿ filedÿ on Dec.ÿ 10,ÿ 1997ÿ inÿ theÿ provinces of British Columbia, Alberta, Manitoba, Saskatchewan and Ontario. The prospectus was to qualify for distribution to theÿ publicÿ aÿ minimum of $2,000,000 and a maximum of $4,000,000 of common shares through Yorkton Securities. In conjunction withÿ theÿ withdrawalÿ of
the prospectus, gronArctic has terminated its proposed financing and has no plans to proceed with the financing in the foreseeable future.
(c) Copyright 1998 Canjex Publishing Ltd.

The dead-cat is about to lose it's eighth life.....
Wats
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