DALTON RESOURCES DAL:ASE Message Board

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Gold/Mining/Energy : DALTON RESOURCES DAL:ASE

DAL 58.42

-0.2%

9:33 AM EST

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To: StockJock-e who wrote (367)	6/2/1998 11:34:00 AM
From: Scotchman	Read Replies (1) of 486

Dalton Resources Ltd. DAL ASE<Picture>Add to PortfolioJune 2, 1998 Completes Private Placement CALGARY, June 2 /CNW/ - Dalton Resources Ltd. (DAL.ASE) announces the completion of a non-brokered private placement of 1,676,251 units at a price of $0.30 - $0.32 per unit, each unit comprised of one flow-through share and one-half share purchase warrant entitling the holder to acquire a common share of Dalton at a price of $0.40. Total proceeds to Dalton from the placement was $506,000. The funds raised will be utilized for Dalton's upcoming capital expenditures in the Strachan area. THE ALBERTA STOCK EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE INFORMATION CONTAINED HEREIN. For further information: Doug Robertson, President, (403) 264-0622, Fax: (403) 264-4535, E-mail: dalton(at)nucleus.com., Website: daltonr.com

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