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Gold/Mining/Energy : REX DIAMOND MINING TSE:RXD
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To: LAURIE SELINE who wrote (1385)5/18/1999 10:40:00 AM
From: Gord Bolton  Read Replies (1) of 2522
 
Rex Diamond Mining Corporation

Symbol: RXD
Trading: Toronto Stock Exchange

TORONTO, May 18 /CNW/ - At the request of the Toronto Stock Exchange, Rex
Diamond Mining Corporation wishes to announce that it is unaware of any
''corporate developments'' which would account for the increase in the
activity of its common shares. The Company is in the process of completing a
Euro Private Placement and will give the market an update when completed.

%SEDAR: 00008443E

-30-

For further information: Ben Holemans, CFO, Rex Diamond Mining
Corporation, Tel: +32 3 205-9060, Fax: +32 3
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