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Gold/Mining/Energy : JSS Resourses
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To: profitz who wrote (6)6/30/1999 11:20:00 PM
From: rdww   of 12
 
JSS Resources escrow shares; inactive status removed

JSS Resources Inc JSS
Shares issued 31,020,114 Jun 30 close $0.38
Wed 30 Jun 99 Miscellaneous
The Vancouver Stock Exchange has approved the issuance of an additional
three million performance shares (to be escrowed) at a price of one cent
per share to Theo Sanidas pursuant to a performance share escrow agreement
dated June 23, 1999, between the company, Montreal Trust Company of Canada
and Mr. Sanidas. Performance shares are earned out of escrow on the basis
of cumulative cash flow earned by the company after the date the shares are
issued. The amount of cumulative cash flow to earn out one share shall be
40 cents.
Further to the exchange notice dated June 18, 1998, the VSE advises that
the company has completed its reorganization and is no longer deemed
inactive.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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