RIOSUN--TRIPLED SINCE DEC 1st Message Board

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Gold/Mining/Energy : RIOSUN--TRIPLED SINCE DEC 1st

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To: Jeff Hackett who wrote (122)	10/7/1997 1:40:00 PM
From: Rob Ady	Read Replies (1) of 208

Jeff: I am wondering the same thing you are. As of the last news release we have financing but there have been no releases to the effect of how the $$$ will be spent and on what activities. It sure would be nice to see some action. I am reposting prior news release just FYI. FOR: RIOSUN RESOURCES CORPORATION VSE SYMBOL: RSR SEPTEMBER 12, 1997 Riosun Resources Has Negotiated Financing CALGARY, ALBERTA--The Company wishes to announce that it has negotiated convertible notes with certain creditors, to secure $560,000.00 in loan advances, without interest, repayable on or before December 31st, 1998. The principal amounts of the convertible notes, are convertible into common shares at a price of $0.30 per share, at anytime during the term of the loan. The issuance of the convertible notes is subject to the acceptance of the V.S.E. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Riosun Resources Corporation P.C. Cochrane President and Chief Executive Officer (403) 266-3644 (403) 266-3648 (FAX) The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release.

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