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Gold/Mining/Energy : Latitude Minerals LTU.V

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To: bcjt who wrote (338)2/28/2000 11:44:00 PM
From: bcjt  Read Replies (1) of 366
 
LATITUDE MINERALS CORP. ("LTU-V") - Private Placement
Latitude Minerals Corp. announces that it has negotiated a private placement totaling $ 175,000 CDN. These funds will be raised by the company issuing up to 1,166,666 units at a price of $0.15 per unit. Each unit will consist of one common share and one purchase warrant which will entitle the shareholder to purchase one additional common share of the Company for a period of two years at a price of $0.15 per share for the first year and $0.20 per share in the second year.

The funds raised by way of this Private Placement will be used for general operating capital and further exploration of the Pan gold deposit in Nevada. TEL: (800) 265-7646

John R. Carden, President FAX: (509) 536-6442

bcjt
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