Almost missed this one:
REPORT UNDER
SECTION 101(2)b OF THE SECURITIES ACT (ONTARIO)
SECTION 93 OF THE SECURITIES ACT (BRITISH COLUMBIA)
SECTION 141 OF THE SECURITIES ACT (ALBERTA)
SECTION 102 OF THE SECURITIES ACT (SASKATCHEWAN)
SECTION 92 OF THE SECURITIES ACT (MANITOBA)
SECTION 107 OF THE SECURITIES ACT (NOVA SCOTIA)
SECTION 102 OF THE SECURITIES ACT (NEWFOUNDLAND)
On June 24, 1998, Elliott Associates, L.P. ("Elliott") and Westgate International, L.P. ("Westgate") each purchased 70,000 common shares of Dayton Mining Corporation ("Dayton") at a price of US$0.7216 per share. On June 26, 1998, Elliott and Westgate each purchased an additional 10,000 common shares of Dayton at a price of US$0.7775 per share. The purchases were made through the facilities of the American Stock Exchange and The Toronto Stock Exchange. Following the acquisitions, Elliott, Westgate and Manchester Securities Corp., a wholly-owned subsidiary of Elliott, own in the aggregate 4,127,600 common shares or approximately 10.1% of the outstanding common shares of Dayton. Each of Elliott and Westgate has purchased the Dayton shares in the ordinary course of its trade or business of purchasing, selling, trading and investing in securities. Depending on market conditions and other factors that it may deem material, each of Elliott and Westgate may purchase additional Dayton shares or may dispose of all or a portion of the Dayton shares that it now beneficially owns. A copy of the press release issued by Elliott and Westgate on June 29, 1998 is attached.
DATED the 29th day of June, 1998.
ELLIOTT ASSOCIATES, L.P.
By: Elliot Greenberg
Elliot Greenberg
WESTGATE INTERNATIONAL, L.P.
By: Martley International, Inc., Attorney in Fact
By: Elliot Greenberg
Elliot Greenberg
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