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Gold/Mining/Energy : Bema(Bgo) and Arizona Star

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To: terryswift who wrote (10230)1/16/2001 7:42:43 PM
From: gmweber  Read Replies (2) of 10482
 
Anybody know what this is about????

Arizona extends guarantee facility agreement

Arizona Star Resource Corporation AZS
Shares issued 39,685,437 Jan 12 close $0.68
Tue 16 Jan 2001 News Release
Mr. Roger Richer reports
Effective Jan. 15, 2001, the guarantee facility agreement entered into on
April 14, 2000, has been extended for nine months. As of Jan. 14, 2001, the
amount outstanding under the guarantee facility has been reduced by
$500,000 to $1.5-million. As consideration for providing the extension,
Arizona Star will receive a fee of $50,000 and marketable securities as
collateral. All other terms of the facility remain unchanged.
(c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com
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