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Gold/Mining/Energy : Peruvian Gold Ltd. PVO
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To: Brian Warner who wrote (322)6/25/1997 5:43:00 PM
From: bill718   of 892
 
NEWS RELEASE:

Peruvian Gold Limited PVO
Shares issued 14,204,966 Jun 24 close $1.00
Wed 25 Jun 97 Acquisition

The VSE has accepted for filing an agreement dated May 29 1997 between Peruvian Gold and Kookaburra Resources Ltd whereby Minas Dixon SA (a wholly owned subsidiary of Peruvian Gold) will acquire a 70% interest in the Peru 3, Hope 2 and Esperanza 1 claims in the Puno Province of Peru, from Minera La Esperanza SA (a wholly owned subsidiary of Kookaburra Resources) for US$20,000 and 118,500 shares; 22,500 shares up front, 42,000 shares on the first anniversary and 54,000 shares on the second anniversary.
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