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Gold/Mining/Energy : Montello Resources
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To: John B. Jones who wrote (1564)2/17/1998 6:51:00 AM
From: Taylorm.  Read Replies (2) of 4256
 
Montello news release: Consulting agreements approved by directors

Montello Resources Ltd MEO
Shares issued 35,719,337 Feb 16 close $0.56
Tue 17 Feb 98 News Release
Mr Patrick Power reports
The company's directors have approved a consulting agreement between the
company and Kenneth Davies dated as of August 1 1997, wherein the company
will pay $5,000 per month for two years and thereafter on a month-to-month
basis. The company will issue options to purchase shares in the capital
stock of the company to Mr Davies, and reimburse Mr Davies' reasonable
disbursements and expenses for consulting services provided by Mr Davies.
The directors have also approved a six-month consulting agreement between
the company and Michael Senn dated October 15 1997, wherein the company
will issue options to purchase 250,000 shares to Mr Senn for consulting
services provided by Mr Senn.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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