Barramundi Gold Message Board

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Gold/Mining/Energy : Barramundi Gold

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2:13 PM EST

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To: Todd McMurray who wrote ()	1/25/1998 12:43:00 PM
From: The Lone Ranger	Read Replies (1) of 99

Hello Todd, Any word on what's been happening with the following arrangement? UNITED KENO HILL MINES LIMITED Notes to the Consolidated Financial Statements Year ended December 31, 1996 15. SUBSEQUENT EVENT Subsequent to December 31, 1996 the Corporation entered into an option agreement with Barramundi Gold Ltd. in respect of 440 claims near Dawson, Yukon. The agreement provides that Barramundi can acquire the property if it completes aggregate exploration expenditures in the properties of $1,800,000 and, subject to regulatory approval, issues to the Corporation shares of Barramundi of an approximate value of $3,350,000 over the three and one half year life of the option.

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