Kalahari Resources Makes Major Move Upwords Message Board

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Gold/Mining/Energy : Kalahari Resources Makes Major Move Upwords

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To: kfdkfd who wrote (335)	6/24/1999 11:23:00 AM
From: Juraj (Yuri) Krajci	Read Replies (1) of 349

"Mr. Albert Applegath reports The company has entered into debt settlement agreements with several creditors, subject to regulatory acceptance. The creditors have agreed to settle approximately $305,439.39 in debt by accepting approximately 1,131,257 shares of the company at a price of 27 cents per share. In addition to the above, the company is negotiating private placements."

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