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Gold/Mining/Energy : Rondal Gold Corp -RGD (formerly Prior Resources - PQL)

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To: Bob Brigger (Robert) who wrote (189)1/23/1997 12:07:00 PM
From: Carol   of 331
 
Hi Bob

Don't know what we are to make of this situation, maybe you can shed some light on the subject. Seems to be taking a lot time for something good to happen here..........

Good Luck
Carol

Today's New Release:

January 23, 1997

Private Placement

PRIOR RESOURCES LTD. ("PQL-Y;PORLF-L")

- Private Placement

Dalton B. DuPasquier, President of Prior Resources Ltd., announces that the Company has agreed to sell, on a private placement basis, 2,000,000 units at the price of $0.15 per unit for gross proceeds of $300,000 to two officers of the Company. Each unit is comprised of one common share and a warrant to purchase a further common share at the price of $0.15 per common share during the two years following the date of the closing of the private placement.

The private placement is subject to the approval of the Alberta Stock Exchange.

TEL: (604) 682-0410 Dalton B. DuPasquier, President FAX: (604) 682-0412

________

(c) Corporate Dissemination Services Inc. All rights reserved.

Tel:(604) 689-1101 Fax:(604) 689-1106

RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041.
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