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Gold/Mining/Energy : Major General Resources Limited

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To: Bobby Yellin who wrote (9)	11/11/1996 12:19:00 PM
From: Robert Saito	of 123

Major General Resources Ltd MGJ VSE November 11, 1996 Stewart Option New Brunswick MAJOR GENERAL RESOURCES LTD. ("MGJ-V;MGRLF-L") - Stewart Option - New Brunswick Pierre F. Masse, Vice President Finance, Major General Resources Ltd. announced further to our news release #16-96 dated October 25, 1996, we confirm closing of the property transaction whereby Major General Resources has entered into an option agreement to acquire 9 mineral claims located in the County of Gloucester, New Brunswick. The aggregate 155,000 shares in the capital of Major General Resources Ltd. to be issued in stages under the terms of the agreement are subject to a one year hold period as required by the British Columbia Securities Act and Regulation. The first 35,000 shares will be subject to a hold period and may not be traded in British Columbia until November 8, 1997. TEL: (604) 685-5254 Pierre F. Masse, Vice President, Finance FAX: (604) 685-2814 ________ (c) Corporate Dissemination Services Inc. All rights reserved. Tel:(604) 689-1101 Fax:(604) 689-1106 RapidFAX (tm) - To get the NEWS as it happens, call 1-800-667-1617

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