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Gold/Mining/Energy : Royal Oak-RYO

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To: roger fontaine who wrote (1699)	7/15/1999 10:30:00 AM
From: Mike Hermann	Read Replies (1) of 1706

From INFOMINE: ROYAL OAK MINES INC Trilon Financial Corp. has agreed to lend Royal Oak Mines $19.4 million to keep operations running pending the sale of the company's assets, reported Canada's Financial Post. Royal Oak was placed in receivership in April. Court appointed receiver PricewaterhousecCoopers Inc. and Credit Suisse First Boston Securities Canada Inc. expect to complete the auction of Royal Oak's assets on September 26th. (Wednesday, July 14, 1999)

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