Samex Mining | OTC:BB - SMXMF | Canada - V.SXG Message Board

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Gold/Mining/Energy : Samex Mining | OTC:BB - SMXMF | Canada - V.SXG

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Sep 10 5:00 PM EST

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To: Donald McRobb who wrote ()	3/24/1999 9:39:00 AM
From: Travbfree	of 539

Kinross Gold and Chan Buckland do private placement with Samex!!! This is worthy of comment! They are majors. I'd like to hear some thoughts on this as well as any speculations about the high volumes trading yesterday...who would that be? 3/22/99 - Private Placement Non Brokered SAMEX MINING CORP. ("SXG") - Private Placement-Non-Brokered The Vancouver Stock Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 26, 1999: Number of Shares: 800,000 shares Purchase Price: $0.35 per share Warrants: 578,000 non-transferable share purchase warrants (placed with the non-insiders) to purchase 578,000 shares 111,000 non-transferable share purchase warrants (placed with the insiders) to purchase 111,000 shares Warrant Exercise Prices: $0.50 for a two year period (for the non-insiders) $0.75 for a two year period (for the insiders) Placees: Non-Insiders: Maxwell Munday 278,000 Welcome Opportunities Ltd. (Kinross Gold Corp. (C. Buckland)) 300,000 Insiders: Peter Dahl 52,000 Patricio Kyllmann 100,000 Goepel McDermid Inc. (ITF Brenda McLean RRSP) 20,000 Goepel McDermid Inc. (ITF Larry McLean RRSP) 50,000 Finder's Fee: A finder's fee of $5,000 will be paid to Goepel McDermid Inc. for their assistance in this private placement. These securities have not yet been issued. The Company must issue a news release when the private placement closes. In addition, the Company must issue a news release if the private placement does not close promptly. ________________________________________

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