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Gold/Mining/Energy : Starpoint Gold

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To: Dave Inne who wrote (1565)	6/23/1997 1:02:00 PM
From: Brian J. Hirsch	of 2378

Starpoint Goldfields Inc - News Release $300,000 private placement Starpoint Goldfields Inc STS Shares issued 6444175 1997-06-20 close $0.22 Monday Jun 23 1997 News Release Mr Harry Bristman reports The company has arranged a non-brokered private placement for 1.2 million units at $0.25, for a total of $300,000. The units will be comprised of one share and one two year warrant exercisable at $0.25 in the first year and at $0.30 in the second year. The proceeds will be used to acquire additional properties in the Congo, for exploration and working capital. A finder's fee will be payable. Further to news in Stockwatch June 19 1997 regarding optioned gold property in Uganda, the licence referred to is an exploration licence, not a mining licence. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

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