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Gold/Mining/Energy : ATLANTA GOLD CORP. (TSE:AAG)
TWG 3.510-3.0%2:33 PM EST

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To: Richard Nash who wrote (386)3/8/1997 12:05:00 AM
From: burner   of 495
 
Richard,
There will be 38,097,237 shares of "Twin Gold" outstanding upon completion of the merger.
VSY acquisition will culminate in one corporate entity which will have the advantage of controlling 80% of the interest in their Indonesian projects. Financing will be easier to facilitate, and liquidity will be increased.
Voisey Bay will contribute their cash, market value, and their exploration properties in Canada.
Their is still potential on some of their properties and one of them will be worked on this year by their joint venture partner, Western Premium.
Dan Byrne
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