Armada Gold 10 Million oz of Gold & 1 billion lb of Cu ! Message Board

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Gold/Mining/Energy : Armada Gold 10 Million oz of Gold & 1 billion lb of Cu !

AAU 0.380

-5.0%

Sep 29 5:00 PM EST

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To: Angelo who wrote (538)	7/22/1999 1:44:00 PM
From: m.philli	Read Replies (1) of 552

This appears to be the situation. Armada Gold Corporation AAU TSE July 12, 1999 Cease Trade Order Suspends Stocks ARMADA GOLD ("AAU-TY;AGCAF-L") - Cease Trade Order Suspends Stocks Armada Gold advises that its stock has been suspended under an interim cease trade order for failure to make statutory filings of annual accounts. Armada has yet to file its financial statements for the year December 31, 1998 and its quarterly financials for the March 31, 1999. Although accounts have been completed, they are still subject to audit and will involve liaison between the company's auditors in both Mongolia and Russia. It is hoped that the audit will be completed in the latter half of August at which time the company will file and dispatch the accounts to shareholders. In the meantime, subject to appropriate financing, the company still intends to proceed with a corporate re-organisation as previously advised. Also, the company is actively involved in negotiations in relation to both of its projects and shareholders will be kept advised. The common shares of Armada Gold are listed on The Toronto Stock Exchange and The Alberta Stock Exchange under the symbol AAU. U.S. S.E.C.Exemption: 12g3-2(b) 82-3965 TEL: 011-61-8-9322-7177 John Hopkins, Chairman Armada Gold

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