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Gold/Mining/Energy : AGM (VSE) AROYF (OTC) Ag Armeno Mines & Minerals
AGM 168.07+0.5%1:57 PM EST

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To: Richard Mazzarella who wrote (262)5/5/1999 3:27:00 PM
From: Mark O'Hara  Read Replies (1) of 317
 
NEWS RELEASE

Symbols: AGM.V
AROYF.OTC Bulletin
Board

May 5, 1999

Ag Armeno Mines and Minerals Inc. (“Armeno”) was successful in obtaining an early Court date for the hearing of the application of Newmont Gold Company to determine its status as a Defendant in the British Columbia Supreme Court action commenced by Armeno with respect to the Batu Hijau Copper/Gold Mining Project in Indonesia. The application was heard in the British Columbia Supreme Court on May 4, 1999 and was substantially concluded, and final submissions are expected to be completed by May 14, 1999.

On behalf of the Board of
Ag Armeno Mines and Minerals Inc.,



“Bedo Kalpakian”

Bedo H. Kalpakian
President

THE INFORMATION CONTAINED HEREIN HAS NEITHER BEEN APPROVED NOR DISAPPROVED BY ANY STOCK EXCHANGE ON WHICH THE COMPANY'S SHARES ARE LISTED.

NR/NRMAY4

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