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Gold/Mining/Energy : primero resources v.pmi

PMI 1.663

-1.0%

Jan 12 3:59 PM EST

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To: jerry janko who wrote ()	7/8/1998 4:02:00 PM
From: jerry janko	of 71

From: newsout@canada-stockwatch.com Date: Wed, 08 Jul 1998 10:37:50 -0700 Subject: Stockwatch: Primero Industries Ltd - News Release To: ajanko@erinet.com Agreement on Elektra prospect Primero Industries Ltd PMI Shares issued 9,286,448 Jul 3 close $0.08 Wed 8 Jul 98 News Release Also New Claymore Resources Ltd (NCS) Also Everest Mines and Minerals Ltd (EVR) Mr. Jonathan George reports The company has entered into an agreement with Everest Mines & Minerals on the Elektra prospect, approximately 45 kilometres north of the Ashton discovery block, Buffalo Hills, Alberta. Primero, with the right to earn a 50 per cent interest in the property from New Claymore Resources, has granted Everest the right to earn a 30 per cent interest by incurring expenditures of $250,000 over the next 180 days. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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