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Gold/Mining/Energy : New Claymore Resources

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To: BLZBub who wrote (314)5/22/1998 6:57:00 PM
From: Famularo   of 531
 
New Claymore Resources Ltd NCS
Shares issued 4,015,775 May 21 close $1.70
Fri 22 May 98 Property Agreement
See Everest Mines and Minerals Ltd (EVR) Acquisition
The VSE has accepted for filing an option agreement between New Claymore
Resources and Everest Mines and Minerals whereby Everest can acquire 25 per
cent interest in the property known as the Lubicon East/Senta prospect. To
exercise the option, Everest has agreed to pay $87,500 and issue 25,000
shares upon regulatory acceptance and issue a further 75,000 shares no
later than June 5, 1998 provided that an acceptable geological report is
filed with the exchange.
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