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Gold/Mining/Energy : Trillion ResourcesTLQ
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To: Nikole Wollerstein who wrote (2)9/1/1998 5:41:00 PM
From: wayne cath  Read Replies (1) of 67
 
Segala acquisition agreement expires

Trillion Resources Ltd TLQ
Shares issued 22,364,500 Aug 31 close $0.36
Tue 1 Sept 98 News Release
See Nevsun Resources Ltd (NSU) News Release
Dr. John Clarke reports
The deadline for closing the agreement with Consolidated Mining Corporation
(West Africa) S.A., Trillion Resources Ltd. and Oliver Gold Corporation to
acquire the Segala and Dar Salam concessions in the Republic of Mali has
now passed without the agreement being closed. The parties were unable to
reach an agreement to extend the closing beyond Aug. 31, 1998. As a result
the agreement has been terminated.
Nevsun is continuing work on its Tabakoto project in western Mali. An
independent prefeasibility study has been completed and submitted to the
Malian government and the government has provided initial comments and
requested that Nevsun form an exploitation company that in turn can hold an
exploitation permit.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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