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Gold/Mining/Energy : amcan minerals

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To: Diamonds Are Forever who wrote (68)11/1/1998 12:11:00 AM
From: paulo   of 71
 

From:
AmCan Minerals Limited <kimberlite@amcan.com>
To:
(Recipient list suppressed)

AMCAN MINERALS LIMITED
NEWS RELEASE

Date: October 22, 1998 AMF - VSE AMFLF - OTC B.B.

TORONTO -- The Board of Directors of AmCan Minerals Limited, is pleased to
report that the lawsuit, filed in the Supreme Court of British Columbia by
AmCan Minerals Limited, between Amcan Minerals Limited et al, as
plaintiffs, and Consolidated African Mining Corporation et al, as
defendants, involving kimberlite pipe No. 3 in the Kono District of Sierra
Leone, has been discontinued and the parties have exchanged mutual releases.

[signed]
E. Allan McCaffrey
Vice-President, Public Relations

Further Information on Request
Contact E. Allan McCaffrey
Vice President - Public Relations
1 800-893-1188
PHONE: 416-214-6296 * FAX: 416-214-6299

This news release has been prepared by management of the company who takes
full responsibility for its contents. The Vancouver Stock Exchange has
neither approved nor disapproved this information.
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