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Gold/Mining/Energy : Haddington HDN-ASX -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (142)	6/18/1999 6:58:00 AM
From: Buckey	Read Replies (1) \| Respond to of 174

I hope the debt settlement is not to Pezim Haddington International Resources Ltd - Haddington International makes private placement; settles debt Haddington International Resources Ltd HDN Shares issued 1,462,111 1999-06-17 close $0.2 Friday Jun 18 1999 Mr. John Tarrant reports The company has agreed to a private placement of 580,000 units at 15 cents per unit to raise proceeds of $87,000. Each unit is comprised of one share and one warrant, which is exercisable at 15 cents per share in the first year and 20 cents in the second year. The proceeds of the private placement will be used to meet existing creditors and provide additional working capital. The company has also agreed to settle $100,000 of indebtedness by the issuance of 666,667 shares at 15 cents per share. The private placement and debt settlement are subject to Vancouver Stock Exchange approval.