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Gold/Mining/Energy : Breakwater Resources (T.BWR)

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To: robin hood who wrote (539)9/28/1998 12:16:00 AM
From: Gerd Schwarz  Read Replies (1) of 962
 
These are my records:

Donald K. Charter, Executive Vice President of Dundee Bancorp Inc.
reports that in accordance with regulatory requirements, Dundee Bancorp
Inc. announced that it has recently acquired, in the open market, an
additional 2,000,000 common shares of Breakwater Resources Ltd., to bring
its total holdings, directly and indirectly, to 23,693,651 shares,
representing a 33.6 percent interest in Breakwater.
Dundee has acquired the foregoing securities for investment purposes
and may increase or decrease its position in Breakwater as it deems
appropriate in light of its investment criteria and market conditions, and
in accordance with the provisions of applicable securities legislation.
TEL: (416) 863-6990 Donald K. Charter, Executive Vice President

Acquires Additional Shares of Breakwater Resources Ltd.
In accordance with regulatory requirements, Dundee Bancorp Inc.
announced that it has recently acquired, in the open market, an additional
2,000,000 common shares of Breakwater Resources Ltd., to bring its total
holdings, directly and indirectly, to 23,693,651 shares, representing a
33.6 percent interest in Breakwater.
Dundee has acquired the foregoing securities for investment purposes
and may increase or decrease its position in Breakwater as it deems
appropriate in light of its investment criteria and market conditions, and
in accordance with the provisions of applicable securities legislation.
TEL: (416) 863-6990 Donald K. Charter, Executive Vice President

I have nothing in my files about Dundee selling any BWR.
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