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Gold/Mining/Energy : primero resources v.pmi

PMI 1.750

-2.8%

Jan 30 9:30 AM EST

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To: Jesse who wrote (33)	12/17/1997 10:49:00 AM
From: jerry janko	Read Replies (1) of 71

From: newsout@canada-stockwatch.com Date: Tue, 16 Dec 1997 15:11:57 -0800 Subject: Stockwatch: Primero Industries Ltd - News Release To: ajanko@erinet.com 2,000,000 unit private placement Primero Industries Ltd PMI Shares issued 9,286,448 Dec 15 close $0.17 Tue 16 Dec 97 News Release Mr Jonathon George reports The company has negotiated a private placement consisting of up to two million units at $0.15. Each unit will consist of one share and one warrant, each warrant exerciseable for a further share at $0.15 during the first year and $0.18 during the second. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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