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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kurt R. who wrote (21)	8/13/1996 7:26:00 PM
From: Thomas E. Wilber	of 20681

Kurt, I haven't heard anything about personnel changes, but I have obtained this information: According to Matt in Naxos' Investor Relations last week, they are looking at starting to trade again in the next couple of weeks. They will publish a press release to give at least 2-3 days' notice before trading resumes. The COO, Fred Arkoosh, signed a report on 8 Aug that said the expect to have assay results acceptable to the Alberta Stock Exchange from assays scheduled for the week of 19 Aug. From these two reports, it sounds to me as if trading could resume as early as the end of next week. Tom

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