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Gold/Mining/Energy : Savanna

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To: CocoBob who wrote ()2/24/2000 7:52:00 AM
From: richard   of 192
 



February 23, 2000 Symbol: SV-CDNX
SAVANNA RESOURCES LIMITED
CURRENTLY NEGOTIATING AGREEMENT ON
GOLD PROPERTY IN CALIFORNIA AND NICKEL PROSPECT IN QUEBEC

Savanna Resources confirms that it is not aware of any material change that could account for the recent market activity.

The company is currently negotiating the acquisition of interests in two promising mineral properties, one in California and the other in Quebec, however no agreement has been reached and there is no assurance that acceptable terms can be obtained.

Judy Stoeterau,
President

The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.

For Further Information Please Contact

Judy Stoeterau at 1 (800) 793-8370
Suite 810, 540 - 5 Avenue SW,
Calgary, Alberta T2P 0M2
Tel: 269-5369 Fax: (403) 261-2866


S a v a n n a R e s o u r c e s L t d.
Suite 810, 540 - 5 Avenue SW, Calgary, Alberta, Canada T2P 0M2
T (403) 269-5369 F (403) 261-2866
Email : savan@tcel.com or info@savanna.net Internet Address : savanna.net
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