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Gold/Mining/Energy : Royal Oak-RYO

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To: JCgold3 who wrote (643)	1/16/1998 11:07:00 PM
From: peter gucker	Read Replies (1) of 1706

Cute ..............................................................>>Royal Oak Issues Press Release on Financing Prematurely VANCOUVER, British Columbia--(BUSINESS WIRE)--Jan. 16, 1998-- Royal Oak Mines Inc. (TSE:RYO) (AMEX:RYO) announced today that a press release issued at 4:30 p.m. Toronto time which states that the Company has reached agreement with the majority of the aggregate amount of its Senior Subordinated Note holders was released prematurely, prior to signing of final documents. Peter Chau, President CONTACT: Royal Oak Mines Inc. J. Graham Eacott, 425/822-8992

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