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Gold/Mining/Energy : African Metals Corporation(AFR-Cdnx)(was Shiega resources)

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To: Wats who wrote (130)8/25/1998 8:35:00 PM
From: Wats  Read Replies (1) of 151
 
Shiega Resources Corpÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ SHG
Shares issued 19,510,619ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Aug 24 close $0.22
Tue 25 Aug 98ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Property Agreement
See La Plata Gold Corp (LPT) Acquisition
The VSE has accepted for filing an assignment of rights agreement dated May 1998ÿ betweenÿ La Plata Gold Corp. SA (a subsidiary of La Plata Gold Corp.) and Shiega Resources (the assignor), whereby La Plata can acquireÿ 100ÿ per centÿ interestÿ inÿ the Valle Ancho exploration permit in Tinogasta County, Catamarca Province, Argentina. As consideration, Laÿ Plataÿ hasÿ agreedÿ to issueÿ 4,047ÿ sharesÿ toÿ Shiega.ÿ Shiegaÿ willÿ retain a 0.75 per cent nsr royalty.
There is a finder's fee of $1,500 cashÿ payableÿ toÿ Antonioÿ Jaramilloÿ as consideration for arranging the property acquisition.
(c) Copyright 1998 Canjex Publishing Ltd.

Wats
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