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Gold/Mining/Energy : Int'l Pursuit (T.IPJ)

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To: Ron Everest who wrote (718)7/29/1998 7:40:00 PM
From: Robert van Mil  Read Replies (1) of 835
 
Thought this to be quite significant, I imagine most of you are aware of this, but hadn't seen it myself yet, so figure I'd post it anyway.

International Pursuit Corporation Announcement

TORONTO, ONTARIO--International Pursuit Corporation ("Pursuit")
announced today that the financing by Minoro Mining and
Exploration Corporation ("Minoro") for the development of the
Hinoba-an project in the Philippines has not been arranged as
required under the agreement between Pursuit and Minoro due to
market conditions. Accordingly, Pursuit has advised Minoro that
Pursuit is exploring additional avenues for the development of its
Hinoba-an project.

ON BEHALF OF THE BOARD

Stephen R. Dattels

President, International Pursuit Corporation
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