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Gold/Mining/Energy : Adamas Resources (V.AMS)

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To: Buckey who wrote (1842)2/10/1999 5:32:00 PM
From: Sawdusty  Read Replies (2) of 2015
 
Adamas Resources Corp
AMS
Shares issued 7,617,989
1999-02-09 close $0.05
Wednesday Feb 10 1999
Mr. Richard Silas reports
Due to extreme negative conditions in the resource sector, the company is
presently considering opportunities and acquisitions in other industries which
would significantly redirect the activities of the company. In the interim, no further
funds will be used for the development or acquisition of mineral projects. Any
future acquisitions in the technology (Internet) or industrial sector will be subject to
approval by the VSE.
Effective, Feb. 10, 1999, the company has cancelled 50,000 director stock
options at 22 cents and has granted and applied for 525,000 director/employee
incentive stock options exercisable for two years at 15 cents per share.

Old trough, new pigs. <ggg>
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