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Gold/Mining/Energy : Nuvo Research Inc

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To: twentyfirstcenturyfox who wrote (10529)	8/12/2002 12:29:09 PM
From: Cal Gary	Read Replies (2) of 14101

Dimethaid raises $1.5-million through Acqua agreement 2002-08-12 09:28 PT - News Release Mr. Anthony Toderian reports DIMETHAID RESEARCH INC. ANNOUNCES $1.5 MILLION IN PROCEEDS FR ... Dimethaid has received gross proceeds of $1.5-million against the issuance of 508,475 shares of common stock pursuant to its private placement agreement with Acqua Wellington North American Equities Fund Ltd. To date the company has realized more than $19.7-million from the sale of 4,584,554 common shares. In January, 2001, Dimethaid entered into a 13-month private placement agreement with Acqua Wellington for equity financing covering the sale of up to $50-million of the company's common shares. The original agreement was recently extended beyond the initial 13-month period to Aug. 31, 2002, with a further option to extend until Nov. 30, 2002, at Dimethaid's discretion. WARNING: The company relies upon litigation protection for "forward-looking" statements.

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