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Gold/Mining/Energy : KRL Resources (KRL:VSE)

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To: max gibb who wrote (7)	5/16/1997 10:01:00 AM
From: Doug McFaul	of 159

Hi Max, by taking down 1.9 million warrants with an exercise price of $0.17, we just raised KRL approximately $320,000. This money will be sufficient to carry out the planned work programs. We may look at doing a flow through financing in the fall. Doug

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