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Gold/Mining/Energy : Starpoint Gold

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To: Adjuster who wrote (1191)4/13/1997 11:47:00 PM
From: Buck   of 2378
 
off present subject: There might be some future value here? STS
Shares issued 6,444,175 Mar 3 close $1.45
Tue 4 Mar 97 Property Agreement
The VSE has accepted for filing an agreement dated December 2 1996 whereby
Starpoint Goldfields Inc has optioned the Luwero property (special
exclusive prospecting licence No. 4265) in Uganda, to Dobrana Resources
Ltd. The consideration payable by Dobrana is US$15,000 initial payment,
US$75,000 and the issuance of 100,000 shares upon receipt of satisfactory
title opinion and updated engineering report, and a $200,000 exploration
work commitment carried out over the next two years. Starpoint will retain
a 20% npi in the property.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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