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Gold/Mining/Energy : ORXX - Orex Gold Mines Corporation

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To: Ga Bard who wrote (1124)8/30/1999 6:42:00 AM
From: Chuca Marsh  Read Replies (1) of 2392
 
So, here is the question of TODAYS' revelance, not months ago, IF 48 Million shares are authorized, why didn't this law firm, mention that rather than just the lower figure. Again, since the spefics affect ORXX stock capitalization and fair marker value based upon some futue ( Gads, was it past?0 dillutive affect, so why did they and you leave out the specifics. No traps accepted.
RE: TWIST:
Applies to -- ORXX

Orex Gold Mines Corp. Announces Certified Public Accountants for Compliance

Orex Gold Mines Corp. Announces Certified Public Accountants for
Compliance

CORAL GABLES, Fla., Aug 26, 1999 (BUSINESS WIRE) -- OrexGold Mines
Corp. (OTC BB:ORXX), in the business of mining, announced they have
retained the accounting services of Goldstein, Schechter, Price, Lucas,
Horwitz & Co., P.A., associated with Jeffreys Henry International.

Effective immediately, Goldstein, Schechter, Price, Lucas, Horwitz &
Co., P.A. has initiated the auditing process of Orex and recently
acquired acquisition (s) to meet reporting requirements. Also, the firm
will be responsible for the compilation of the final audited reports
and assist Orex in ongoing compliance measures.

Additionally, Orex has retained the services of McDermott, Will &
Emery, Attorneys at Law, specializing in corporate and securities law,
will be preparing all of the necessary legal information in the Form 10
and act as securities counsel for the company.

Presently, there are 23,342,500 shares issued and outstanding of which
4,983,000 are restricted. As of this press release, this is the entire
stock structure with no warrants, options, convertible debentures or
preferred stock.

"We are very pleased to be associated with these professional &
efficient companies to assist us in completing all the necessary audits
and filings to be fully reporting," stated Warren Hemedinger, President
of Orex Gold MinesCorporation.

This news release contains forward-looking statements as defined by the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements include statements concerning plans, objectives, goals,
strategies, future events or performance and underlying assumptions,
and all statements that are other than statements of historical facts.
These statements are subject to uncertainties and risks including, but
not limited to, product and service demand and acceptance, changes in
technology, economic conditions, the impact of competition and pricing,
government regulation, and other risks defined in this document. These
cautionary statements expressly qualify all such forward-looking
statements made by or on behalf of Orex. In addition, Orex disclaims
any obligation to update any forward-looking statements to reflect
events or circumstances after the date hereof.

Copyright (C) 1999 Business Wire. All rights reserved.
 -0-
CONTACT: Orex Gold Mines, Coral Gables
 Investor Relations Contact:
 Greg Finney, 888/749-OREX

WEB PAGE: businesswire.com

GEOGRAPHY: FLORIDA

INDUSTRY CODE: MINING/METALS

Today's News On The Net - Business Wire's full file on the Internet
with Hyperlinks to your home page.

canada-stockwatck
So - do that possible MATH, 48,000,000 ( I think as per post on Haber S.I. Thread in Feb-March) @ 10% COULD BE...what figure?
Chucka-giveitarest-gettomeaningfullfacts.
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