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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (17634)3/24/2003 10:14:37 PM
From: Gary H  Read Replies (2) of 81101
 
===========================================================================
Re: News Release - Thursday, March 20, 2003
First Tranche Of Private Placement By Tan Range Chairman Closes
===========================================================================
The Company confirms that the first tranche of the proposed private
placement by James E. Sinclair, the Company's Chairman and CEO, announced
on March 7, 2003, has now closed. Such tranche consists of 58,480 common
shares having a purchase price of $1.71 per share for proceeds totaling
$100,000.

On behalf of the Board of Directors

"Marek Kreczmer"

Marek J. Kreczmer, M.Sc., P.Eng.
President
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