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Gold/Mining/Energy : Brimstone Resources

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To: Kent C. who wrote (6)3/20/1998 2:55:00 PM
From: Sean Beingessner   of 19
 
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: GREYSTAR RESOURCES LTD.

VSE SYMBOL: GSL

MARCH 19, 1998

Greystar Acquires Brimstone Units

VANCOUVER, BRITISH COLUMBIA--Greystar Resources Ltd. has agreed to
purchase 1 300 000 units of Brimstone Gold Corp. by way of private
placement at a price of $0.27 per unit for a total subscription
cost of $351,000. Each unit consists of one share and one share
purchase warrant. Each share purchase warrant can be exercised to
purchase an additional share at $0.40 per share for a period of 12
months.

Dave Rovig, an officer and director of Greystar, is also an
officer and director of Brimstone Gold Corp.

The acquisition is subject to acceptance for filing by the
Vancouver Stock Exchange.

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Greystar Resources Ltd.
David Rovig
(406) 245-9520
greystarresources.com

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
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