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Gold/Mining/Energy : Lytton Minerals

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To: .Trev who wrote (42)8/11/1998 10:16:00 AM
From: VAUGHN  Read Replies (2) of 92
 
Hello Trev

*** news release***

Amalgamation With Lytton Called Off
PR Newswire - August 11, 1998 08:56

(ASE: NDR)

TORONTO, Aug. 11 /CNW-PRN/ - New Indigo Resources Inc. (''New Indigo'') wishes to announce that the Board of Directors has called off the amalgamation with Lytton Minerals Limited (''Lytton''). The Board of Directors believes that, in view of the present circumstances, it is not in the best interests of the Company to pursue the amalgamation at this time, although consideration may be given to the amalgamation at a later date.

THE ALBERTA STOCK EXCHANGE NEITHER APPROVES NOR DISAPPROVES OF THE

INFORMATION CONTAINED HEREIN.

SOURCE New Indigo Resources Inc.

/CONTACT: Mr. Glenn Laing, President and Corporate Secretary, Tel:
(416) 777-1998, Fax: (416) 777-1898, Toll Free: (877) 777-2004/

**********

Regards
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