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Gold/Mining/Energy : KOB.TO - East Lost Hills & GSJB joint venture

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To: Salt'n'Peppa who wrote (3551)7/17/1999 1:41:00 AM
From: Magpie  Read Replies (1) of 15703
 
Received this tonight and wondered what impact it would have on the stock price short term. Curious that they would sell so close to reaching TD and the likely stock rise that should ensue!

TORONTO STOCK EXCHANGE ("TSE-T") KOOKABURRA RESOURCES LTD ("KOB-T")
XENOLITH GOLD LTD ("XNTGF-L") -Bulletin 99-0894; Kookaburra, Sale From Control

Xenolith Gold Limited has filed a Notice of Intention to sell up to a total of 2,000,000 common
shares of Kookaburra Resources Ltd. through the facilities of The Exchange on or after July 16,
1999.

Xenolith Gold Limited directly and indirectly owns 4,199,322 common shares of Kookaburra
Resources Ltd.

All the above sales will be made in accordance with the orderly marketing requirements of The
Exchange as set out in Part III of Division G of the Members' Manual.

Questions may be directed to Selma Thaver at the TSE, (416) 947- 4563. TEL: (416) 947-4700

Toronto Stock Exchange FAX: (416) 947-4270

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