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Technology Stocks : Xenolix Technologies (XTCI) 'Ecstasy'(Formerly MGAU) -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (4361)	7/12/1999 8:01:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 5143

Mike and Crew, this is the way to amend warrants: JMDBarHO: Naxos Resources Ltd - Naxos warrants amended; update on Father Ofiesh Naxos Resources Ltd NAXOF Shares issued 31,678,737 1899-12-30 close $0 Monday Jul 12 1999 Mr. Robert Gardner reports The company's board of directors has passed the following resolutions by unanimous consent: the expiry date of all warrants will be extended for a further 12 months from their current expiry date; and the price of all warrants will be reduced to 50 U.S. cents for 90 days from the date of this announcement. After the 90-day period, the exercise price will revert to the original exercise price. In addition, the board passed by unanimous consent a resolution to extend an unconditional invitation to Father Gregory Ofiesh to meet with the board in Vancouver at his earliest convenience. It is the hope this will be the first step to a mutual accord being reached from which the company can go forward. Naxos also announces the departure of Russell Smith from the company. Mr. Smith held the position of director of corporate development in addition to his duties as an investor relations representative. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing