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Gold/Mining/Energy : St. Genevieve Resources (SGV.T & SGV.M)

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To: Mr Stock who wrote (77)11/27/1997 2:30:00 PM
From: GOLDIGER   of 140
 
Mr Stock,

NEWS RELEASE

Unexplained withdrawal of $5m;
resignation

Genoil Inc
GNOL
Shares issued
16845501
1997-11-24 close $0.37
Thursday Nov 27 1997
Mr Richard Wilson reports
The company's directors have learned of an
unexplained and unauthorized withdrawal of
the sum of US$5 million from Genoil's
accounts in favour of a company within the Ste
Genevieve group.
An investigation by Genoil's solicitors is
continuing.
Mr Peter Miller recently resigned as chairman
of the board and as a director.
(c) Copyright 1997 Canjex Publishing Ltd.
canada-stockwatch.com

This group is in a heap of trouble.

GOLDIGER.
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