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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Graystone who wrote (10017)3/13/1998 8:10:00 PM
From: Kim W. Brasington  Read Replies (4) of 20681
 
NAXOS RESOURCES LTD.
409 - 808 Nelson Street
Vancouver, B.C., Canada
V6Z 2H2
(604) 669 - 8078

N E W S R E L E A S E (98-6)

Trading Symbol: NAXOF Date: March 13, 1998

Naxos announces the formation of an Industry Advisory Panel

The Company is pleased to announce the formation of an Industry Advisory Panel.

The following individuals have agreed to serve on the advisory panel:

Fred Arkoosh, Jr. - President, Wilkinson Manufacturing
Alan Sarroff - President, A.L. Sarroff
John Ruhle, Jr. - President & Chairman, Reeb Millwork Inc.
Stanley R. Combs - Director of Planning and Construction, Clares Stores
Dr. Paul Del Giudice - Medical Doctor
Father Gregory Ofiesh - Minister
Mark Summers - President, Print Perfect
Joni Cesta - Securities Lawyer

DATED at Vancouver, British Columbia, the 13th day of March, 1998.

ON BEHALF OF THE BOARD
NAXOS RESOURCES LTD.
Per: "Sidney Kemp"
Sidney Kemp
President

All forward-looking statements made by Naxos involve material risks and uncertainties and are subject to change based on factors beyond Naxos' control. Accordingly, Naxos' future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Such factors include, without limitation, those described in Naxos' filings with the United States Securities and Exchange Commission. Naxos does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized. For further information, please contact our Investor Relations' Department at (603) 891-5743 or (702) 372-1712 or (913) 894-8509.
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