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Gold/Mining/Energy : International Canalaska (V.ICA)
ICA 0.5670.0%Jul 11 5:00 PM EST

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To: Harry K who wrote (571)8/22/1997 7:48:00 PM
From: Ed Pakstas   of 891
 
!!!!!!NEWS RELEASE!!!!!! (What's with the small pp's?)

153,000 flow through shares at $0.75

International Canalaska Resources Ltd ICA
Shares issued 15,918,260 Aug 21 close $0.77
Fri 22 Aug 97 Private Placement
Further to the notice dated August 13 1997, the VSE has accepted for filing
documentation with respect to a second tranche of a brokered private
placement of:
No. of shares: 153,000 flow through
Price: $0.75
Warrants: For 76,500 shares
Wt exercise price: $1.00 for 18 months
Placees: Harry Steele 67,000; Radcliffe Latimer 67,000; Peter
Meredith 15,000; and Sean Gaherty 4,000
Agents' fee: 7% cash to First Delta Securities
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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