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Gold/Mining/Energy : RECLAMATION MANAGEMENT (RMLL.O)

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To: JAS who wrote (62)4/28/1999 10:23:00 AM
From: Jesse  Read Replies (1) of 238
 
Reclamation Management negotiates private placement

Reclamation Management Ltd
RMLL
Shares issued 96,761,627
1999-04-27 close $0.07
Wednesday Apr 28 1999
Ms. Joan Purdy reports
The company has declared that management has been approached with a
number of corporate proposals to provide increased shareholder value
and will be choosing a worthy project forthwith and will make the
announcement accordingly. In order to be in a position to finance a
worthy project the company is presently negotiating a working capital
private placement with two Canadian brokerage firms for proceeds of
$2-million at 20 cents per share with a two year warrant exercisable at
25 cents per share.

The company is also pleased to welcome Andrew Stibbs to the board of
directors.
(c) Copyright 1999 Canjex Publishing Ltd.
canada-stockwatch.com
-------------------------------------------------
PP @ 20 cents...

Also,
"The company has declared that management has been approached with
a number of corporate proposals to provide increased shareholder value
and will be choosing a worthy project forthwith and will make the
announcement accordingly.
"

Hmmmmm-- anyone smell an internet deal of some sort?
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