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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: Ed Pakstas who wrote (3538)2/27/1998 7:21:00 PM
From: Flea  Read Replies (1) of 11676
 
Donner Minerals Ltd -

Interest in South Voisey Bay claims to be acquired

Donner Minerals Ltd
DML
Shares issued 26161058
1998-02-27 close $2.34
Friday Feb 27 1998
Mr Harvey Keats reports
Donner has agreed to purchase from Thistle Creek Resources a 50% interest in 165 mineral claims
covering property in the South Voisey Bay project area. This purchase will give Donner a 100% interest
in this property subject to a 1% nsr royalty interest retained by the vendor. The purchase price is
500,000 shares of Donner, of which 250,000 will be issued on closing. The remaining 250,000 shares
will be issued upon $1 million of new expenditures having been incurred on the property.
Donner has granted stock options entitling the holders to purchase, for five years, 550,000 shares at
$1.96.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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