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Gold/Mining/Energy : LAYFIELD RESSOURCES (LAY-VSE)

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To: russet who wrote (496)5/26/1999 11:10:00 PM
From: Fiducie  Read Replies (1) of 528
 
Here's the latest....

LAYFIELD RESOURCES INC. ("LAY") - Property-Asset Acquisition The
Vancouver Stock Exchange has accepted for filing, documentation pertaining to a
Letter Agreement dated March 3, 1999, whereby the Company can acquire from
Ram Explorations Inc. ('Ram') (beneficially owned by Carl von Einsiedel), a 100%
interest in all of Ram's rights to 9 Prospecting Licenses totaling 973,847 hectares
known as the Nicholas North properties and 2 Prospecting Licenses totaling 46,720
hectares known as the Conception properties, all located within the Zacatecas and
San Luis Potosi States of Mexico. Consideration is the issuance of 2,700,000 shares of the Company based on staking and
acquisition costs incurred by Ram.
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