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Gold/Mining/Energy : SRU-ASE : STARFIELD RESOURCES

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To: Elizabeth Andrews who wrote (1108)11/24/2000 10:19:56 AM
From: CIMA  Read Replies (2) of 1239
 
STARFIELD RESOURCES INC.
PRESS RELEASE November 23rd, 2000
Corporate Office: #00-23
Suite 420-625 Howe Street
Vancouver, BC CANADA SRU.CDNX
V6C 2T6 SRFDF – OTC BB
Tel: (604) 608-0400 Fax: (604) 608-0344
Toll Free: (877) 233-2244 email: info@starfieldres.com website: starfieldres.com

OFFERING MEMORANDUM – 4,000,000 FLOWTHROUGH UNITS AT $0.50

Starfield Resources Inc. announces a Private Placement of up to 4,000,000 units at $0.50 per unit ( the “Unit”) by way of Offering Memorandum in the Provinces of Alberta, British Columbia and Ontario and the Northwest Territories. The Private Placement is not subject to any minimum subscription. Each Unit will consist of a flow-through common share of the Corporation and one full purchase warrant of the Corporation. The purchase warrant will be exercisable into a further common share of the Corporation within one year of closing of the Private Placement upon payment of a further $1.00 to the Corporation. The Corporation will pay an agent’s fee to registered dealers and brokers, or a finder’s fee if applicable, of up to 7.5% for selling Units. No commission will be payable on Units sold by the directors and officer of the Corporation. Closing is expected to be in December of 2000.

Also, the Corporation announces that the closing date of a private placement announced by Press release dated June 1, 2000 placing Special Warrants of the Corporation at $0.50 per Special Warrant has been set at October 16, 2000.

On behalf of the Board of Directors

“Glen Indra”

Glen J. Indra, President
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