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Gold/Mining/Energy : ORI Omni Resources, TYG Trumpeter Yukon, AKA Arkona Res.
ORI 39.47+0.4%Oct 31 3:59 PM EST

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To: Gramps who wrote (382)8/17/1998 11:11:00 AM
From: Al Cern  Read Replies (1) of 444
 
Arkona Resources Inc.
910 - 700West Pender Street
Vancouver, BC V6C 1G8

August 4, 1998 Symbol: AKA

NEWS RELEASE

DIVIDEND DECLARED

The Board of Directors of Arkona Resources Inc. is pleased to announce a dividend of $0.04 (four cents) per common share to all shareholders of record on August 19, 1998.

This one time distribution was made possible from the extraordinary gain derived from the sale of the Company's Klondike City property last year. The One Time dividend is to be payable on August 26, 1998. After distribution, the Company will continue to maintain a strong working capital position of over $800,000 dollars.

ON BEHALF OF THE BOARD

"Mark Aplas"
Mark Aplas, President

Tel: (604) 684-2264
Fax: (604) 688-9530

THE VANCOUVER STOCK EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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