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Gold/Mining/Energy : Medical Resorts International Inc (MDRE)

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To: Richard Nash who wrote ()2/21/1997 10:19:00 AM
From: brian care   of 35
 
For information purposes:

Medical Resorts has raised $ 1,500,000 as of February 17, 1997.

This financing was completed at $ 0.57 with an additional warrant at
$ 1.00.

In addition, Dr. Michel Dallaire has joined the Company as Director.
He will be responsible for the recruitment of medical personnel and the evaluation of the medical operations.

Shares Outstanding: 13,089,666
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