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Gold/Mining/Energy : Tan Range
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To: Link Lady who wrote (110)11/16/1999 8:58:00 AM
From: Link Lady  Read Replies (1) of 122
 
In a separate agreement with Tan Range Exploration Corp., Barrick
will acquire 1.4 million of the Vancouver junior's shares for 70c each.
Barrick has the option to acquire an additional 2.9 million shares at
higher prices over the next 18 months. Tan Range will use the funds to
explore the Itetemia property, a finger of land that stretches north and
south of Bulyanhulu. Upon arranging project financing, Barrick will
have an option to acquire 60% of Itetemia.

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