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

To: pete meyer who wrote (145)	8/18/1999 7:00:00 AM
From: Buckey	Read Replies (1) \| Respond to of 174

Pete - I think they may be some hope on HDN - There have been a number of Nrs lately - this one is a confirmation of two of them. Still paying for Pezim but Mr. Tarrant appears to be taking us in the right direction. Haddington International Resources Ltd - Haddington closes private placements; settles debt Haddington International Resources Ltd HDN Shares issued 1,462,111 1999-08-16 close $0.22 Wednesday Aug 18 1999 Mr. John Tarrant reports The company has now closed its recently announced private placement of 580,000 units to raise proceeds of $87,000. The shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period and may not be traded in British Columbia until June 16, 2000, except as permitted by the Securities Act and the rules made thereunder and the Vancouver Stock Exchange. The company has now closed its recently announced private placement of 1,333,333 units to raise proceeds of $200,000. The shares, warrants and any shares issued upon exercise of the warrants are subject to a hold period and may not be traded in British Columbia until June 29, 2000, except as permitted by the Securities Act and the rules made thereunder and the VSE. The proceeds of the private placements will be used to provide additional working capital. Debt settlement The company has now closed its shares for debt by the issuance of 630,166 shares of the company at the deemed price of 15 cents per share to settle outstanding debt of $94,525, and the issue of 27,375 shares at a deemed issue price of 20 cents per share to settle outstanding debt of $5,475. A total of 630,166 of those shares are subject to a hold period and may not be traded in British Columbia until June 18, 2000, except as permitted by the Securities Act and the rules made thereunder and the VSE.