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Gold/Mining/Energy : ORCANA RESOURCES -v-ocn /Hot MEXICAN PROPERTIES-
OCN 38.26-0.2%Oct 23 3:59 PM EST
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To: tanoose who wrote (35)3/4/1997 1:12:00 AM
From: Donald McRobb   of 84
 
Yes Frank I was just thinking the same thing as this thing has become very sour indeed. I think a phone call to the company may be in order to find out if they have any plans to sweeten this thing out.

Regards

The press release is as follows:Subject:
Stockwatch: Orcana Resources Ltd - Failure to Pay Sustaining Fee
Date:
Mon, 03 Mar 1997 14:50:50 -0800
From:
newsout@canada-stockwatch.com
To:
dmcrobb@kermode.net



Orcana Resources Ltd OCN
Shares issued 13,924,687 Mar 3 close $0.17
Mon 3 Mar 97 Failure to Pay Sustaining Fee
Further to the VSE notice dated February 19 1997, the company has not paid
its annual sustaining fees and/or other outstanding fees. Therefore,
effective at the close of trading March 3 1997, it will be suspended. A
further notice will be issued March 10 1997.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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