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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: Elizabeth Andrews who wrote (3066)1/31/2003 8:37:03 AM
From: Elizabeth Andrews  Read Replies (1) of 5423
 
Toronto, Ontario – January 29, 2003. Friedberg Mercantile Group, through the Friedberg Foreign Bond Fund and the Friedberg Total Return Fixed Income Fund Ltd., has recently
acquired 500,000 Common Shares of Seabridge Gold Inc. (TSX-V:SEA). On a fully-diluted basis, Friedberg Mercantile Group and its Affiliates, therefore hold 5,763,880 such Common Shares or securities convertible into same, representing 22.92%. These shares have been acquired at a price of $3.10 each, in a private transaction with one investor, and for investment purposes only.
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